Shyam
@mskumar
๐จ BAD NEWS FOR USDT HOLDERS IN EUROPE! ๐จ In a stunning move, European crypto exchanges are now required to DELIST USDT (Tether) by December 30 due to sweeping new regulations, according to Bloomberg. ๐ฑ The crypto world is buzzing with concerns over liquidity, as USDT has been one of the most widely used stablecoins globally. Exchange executives are worried that removing USDT could significantly impact trading volumes and market stability. ๐ฅ But hereโs where it gets interesting: Tether isnโt backing down! ๐ The company is already working on a game-changing workaround. Tether has invested in StablE, a stablecoin issuer that is fully aligned with European regulations. This could be the key to keeping crypto traders in the game without missing a beat. ๐ฅ
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