šŸ‡ŖšŸ‡ŗ Tether ($USDT) is NOT being made ā€œillegalā€ in the EU as of December 30, 2024! Hereā€™s whatā€™s actually happening:

šŸ’” What You Need to Know:

Under the new MiCA regulations, providers like Tether must meet compliance standards. However, they have a 6-18 month transition period to align with these rules.

Some exchanges, like Coinbase, are proactively delisting $USDT to avoid potential regulatory penalties. Others are waiting for more clarity before taking action.

If Tether fails to comply within this period, $USDT would become non-compliantā€”not illegal. However, EU exchanges and services may still delist it to avoid risks.

āœØ Opportunity for Alternatives:

This situation opens the door for MiCA-compliant stablecoins, like Rippleā€™s $RLUSD, to gain traction in the EU market as reliable and regulation-friendly options.

šŸ¤” Whatā€™s Next?

Will Tether adapt to these regulations, or will compliant stablecoins like $RLUSD take the lead in Europe? Share your thoughts below!

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