@itokawa
🚨 Is Tether Leaving Europe for Good? 📉
This isn’t even clickbait! As of December 30th, USDT will be removed from exchanges operating in Europe due to non-compliance with the MiCA directive requirements. 📜
🟠 Immediate Reactions: Other stablecoins are swiftly stepping in to fill the void left by Tether. Even Ripple has been spotted supporting FUD (Fear, Uncertainty, Doubt) against Tether. 😬
But Tether isn’t giving up. They’re actively investing in projects that comply with MiCA to maintain their position in the market. 💪
And there’s more! 🟠 According to a Bloomberg article, Trump’s candidate for Secretary of Commerce, Howard Lutnick, is linked to Tether through Cantor Fitzgerald. Bloomberg warns that this connection poses risks to the US financial system. 🇺🇸⚠️
What’s next for the stablecoin market? Stay tuned for more updates! 🔍