stablr

Tether, the company behind USDT - the largest stablecoin in the world, has just made a strategic move to strengthen its position in the European market. In the context of the upcoming regulations #MiCA (Markets in Crypto-Assets) coming into effect across the EU, Tether decided to invest in StablR, a compliant stablecoin issuer in Malta.

Tether Strategic Reorientation in Europe

Tether recently closed its euro-pegged stablecoin to redirect support for smaller issuers through the Hadron tokenization platform. This is the second time in a month that Tether has invested in stablecoin companies in Europe, after investing in #Quantoz - a regulated issuer in the Netherlands.