Kraken announced plans to cease support for the Tether token and other stablecoins for European clients.

- The delisting of USDT and other stablecoins will take place on March 31 due to new EU regulations.

- This decision is based on the Markets in Crypto Assets regulations.

- Kraken is the third major exchange to announce the delisting of Tether in Europe.

It seems that stability is not so stable after all 😅