It’s amazing to see how many influencers on CT, TG, and YT are spreading FUD to spread fear about $USDT. The#MICAregulations are not new, they were approved months ago and will only come into effect on December 31st. EU users and exchanges have been preparing for this for months. Many EU users have already swapped USDT for other stablecoins or bought +$BTC and other cryptocurrencies.

This is just a short-term issue. Interestingly, USDT FUD usually represents the bottom in bear markets, but now we are seeing a similar fear in bull markets. USDT is not going anywhere, at least for now. They are actively working to address this issue, and we will likely see USDT return to the EU in a few months.

These influencers are acting as if USDT will go to zero, but at most, we can expect some short-term volatility. If it does go down, it could be a great buying opportunity. Even if USDT goes down, I will buy it, it’s easy money! A similar FUD happened with USDC months ago, and we all know how that went down.