๐ŸŸข The ECB and Tether finally agree on something: MiCA's 60% commercial bank deposit floor for stablecoin reserves is broken โšก. Central banks want to protect lenders from sudden deposit drains, while Tether wants to protect collateral from bank risk. If Brussels pivots to short-dated sovereign debt, the biggest hurdle to USDT compliance in Europe dissolves, unlocking a massive liquidity surge for European traders ๐Ÿš€.

If MiCA scraps the bank deposit rule, will Tether secure EU compliance or stay offshore? ๐Ÿ‘‡

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