#usdt If USDT is banned (eur):
1. Scenario of Decreasing Demand:
In the European Union: If users stop using USDT due to the ban, demand for it in this region will decrease.
This may lead to a slight drop in its value against the US dollar if this demand is not offset by other markets.
2. Scenario of Increasing Global Demand:
If demand for USDT remains high in the rest of the world (outside the EU), a limited supply could stabilize its price globally. However, the ban might be seen as an opportunity for trading to grow in unaffected areas.
3. Fear, Uncertainty, and Doubt (FUD):
The ban could create a lack of confidence among users, leading them to sell USDT in favor of more stable currencies such as DAI or USDC. This might cause USDT to partially lose its value temporarily.
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Influential Factors:
Supply Reduction: If Tether (the issuing company of USDT) decides to withdraw the currency from the European market, this would reduce the total supply, potentially impacting its global price.
Demand for Alternatives: If users switch to other stable currencies, the global demand for USDT could decrease, affecting its price negatively.
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Conclusion:
USDT Price Increase: This might not occur unless global demand significantly increases, while supply decreases.
USDT Price Decrease: This could happen if users collectively switch to alternative stablecoins, or if confidence in the token declines.
Likely Outcome: USDT may not experience significant fluctuations if global markets balance out supply and demand.