$USDT EXITS EU โ $USDC CAPTURES THE SPOTLIGHT ๐ฅ
Tether never applied for the MiCA e-money license, so USDT is now locked out of regulated EU exchanges as of July 1. Revolut becomes the latest platform to drop the token, giving European users until August 31 to move out. CEO Paolo Ardoino warns the reserve mandateโrequiring up to 60% of backing in EU bank depositsโposes systemic risk for a $180 billion asset.
Meanwhile, Circleโs USDC cleared the bar early and retains its listings. This regulatory shift redirects liquidity flows and opens a structural gap for USDC in Europeโs order books. Are you repositioning into USDC or keeping USDT in private wallets?
Not financial advice. Always manage your risk.
#USDT #USDC #StablecoinShift #Regulation #CryptoNews
๐ฅ
Tether never applied for the MiCA e-money license, so USDT is now locked out of regulated EU exchanges as of July 1. Revolut becomes the latest platform to drop the token, giving European users until August 31 to move out. CEO Paolo Ardoino warns the reserve mandateโrequiring up to 60% of backing in EU bank depositsโposes systemic risk for a $180 billion asset.
Meanwhile, Circleโs USDC cleared the bar early and retains its listings. This regulatory shift redirects liquidity flows and opens a structural gap for USDC in Europeโs order books. Are you repositioning into USDC or keeping USDT in private wallets?
Not financial advice. Always manage your risk.
#USDT #USDC #StablecoinShift #Regulation #CryptoNews
๐ฅ