🔗 Tether's USDT, the leading dollar-pegged stablecoin, saw its sharpest weekly market cap drop in two years, falling over 1% to $137.24B. This comes as EU exchanges and Coinbase delist USDT due to MiCA regulations.

- MiCA requires issuers to have a license for trading asset-referenced tokens.

- EU traders can hold USDT but can't trade it on compliant exchanges.

- Analysts suggest the impact may be limited to Europe, as Asia dominates USDT trading.

What do you think? Will this affect the global crypto market? Share your thoughts in the comments! 💬