Degen

Founders

🚨 Big Tether Crisis??

🔹 Tether has been under the microscope in Europe for some time, and the Europeans intend to increase transparency in the crypto market by passing a law called MiCA.

👈 Now, with the implementation of this law, Tether will have to provide all of its financial statements to European regulatory bodies in a completely transparent manner to prove that it has exactly one dollar in reserve for each Tether.

💬 If Tether cannot prove that it has one dollar in reserve for each Tether, there is a possibility that Tether will be restricted in Europe, but this process will probably be gradual.

What is the solution?

🔹 What does it mean that we can diversify our stablecoin portfolio?

👈 Use other reliable stablecoins such as USDC or DAI.

💬 There is no need to worry for now, and Tether has been resistant to such problems well, considering its history, and is still resisting very well.

Best of luck My dear friend 💓💓 
@fateme7360

🌟 Happy New Year 2025! 🌟
Wishing you endless happiness, success, and new opportunities in the year ahead. 🥳
Let’s make this year truly remarkable! ✨

Happy h

🎩$Degen Tips are now officially on the Degen Chain🎩

Check your Tip activity in the Tip Explorer👇
https://tipexplorer.lum0x.com/cast-detail/0xee318a89d2ff46f50dd24a7b779c2648bdc44254