🟢 ECB and Tether finally agree on one thing: the 60% MiCA threshold for commercial bank deposits held in stablecoin reserves does not work ⚡. Central banks want to protect creditors from sudden deposit outflows, while Tether wants to protect its collateral from banking risk. If Brussels shifts to short-term sovereign debt, the biggest obstacle to USDT compliance in Europe will disappear, opening the floodgates of liquidity for European traders 🚀.

If MiCA scraps the rule on bank deposits, will Tether ensure compliance with EU requirements or remain offshore? 👇

#tether #mica #ecb #stablecoins #regulation