🚨🤩 EUROPEAN UNION REMOVES USDT FROM LICENSED EXCHANGES
🔪😡 USDT, the largest stablecoin in the market with a market cap exceeding US$ 175 billion, is being delisted from licensed exchanges in the European Union after Tether decided not to seek approval under MiCA regulations.
Platforms like Binance, Coinbase, and Kraken have already started pulling USDT for European users.
⚠️ Meanwhile, USDC from Circle has already received regulatory approval and is set to gain even more traction in the European market👀
🔪😡 USDT, the largest stablecoin in the market with a market cap exceeding US$ 175 billion, is being delisted from licensed exchanges in the European Union after Tether decided not to seek approval under MiCA regulations.
Platforms like Binance, Coinbase, and Kraken have already started pulling USDT for European users.
⚠️ Meanwhile, USDC from Circle has already received regulatory approval and is set to gain even more traction in the European market👀