USDT Slides by Most Since FTX Crash on MiCA, Raises Concern of …
1 day ago · USDT's market cap slid more than 1% to $137.24 billion this week, the most significant decline since the crash of the FTX exchange in the second week of November 2022, data from TradingView show.
Tether USDT Delisting: What Investors Need to Know
2 days ago · As a result, Tether’s USDT market cap experienced a significant drop of $4 billion, raising questions about the future of stablecoins and their role in the global crypto ecosystem. Why Did Coinbase Delist USDT? Coinbase’s decision to remove USDT from its platform was primarily driven by concerns about non-compliance with the MiCA regulations.
Tether’s General Counsel Departs as USDT Faces EU Regulatory ...
3 hours ago · USDT’s market cap has dropped by $1.6 billion after MiCA came into effect. Source: CoinGecko. The drop in USDT also cost it the third spot in the crypto market rankings, which has now been reclaimed by the rising Ripple (XRP). XRP’s market cap surged to $138.98 billion on Friday as the token gained bullish momentum.
Tether’s USDT sees largest weekly market cap drop since FTX …
1 day ago · Tether’s USDT, the world’s leading dollar-pegged stablecoin, has recorded its steepest weekly decline in market capitalization since the FTX collapse in November 2022. In the week since the European Union’s Markets in Crypto-Assets ( MiCA ) regulation came into full effect on Dec. 30, USDT’s market cap fell by over 1.2%, dropping from ...
Tether News Today - Decrypt
Latest news for Tether: Read our 24/7 coverage of the USDT cryptocurrency, including breaking news, live market updates and features.
USDT Falls Below $1 Ahead of MiCA Deadline - BeInCrypto
4 days ago · USDT can be held in non-custodial wallets and even traded on decentralized exchanges. The issue is that traders cannot use USDT on MiCA-compliant exchanges. ... For instance, in 2022, FTX’s bankruptcy led to USDT losing its peg and falling as low as $0.93. The news followed BTC dropping below $16,000 and traders dumping altcoins in panic ...
Tether’s USDT Delisting: Should Crypto Investors Be Worried?
4 days ago · Keep reading to discover why experts aren’t as concerned as the headlines suggest. Why Is USDT Being Removed from EU Exchanges? The delisting of USDT comes as a result of the European Union’s new MiCA regulations, which impose strict rules on stablecoin reserves.Tether hasn’t met these reserve requirements, forcing EU exchanges to remove USDT.
Tether Price | Live USDT Price and Latest News by Cointelegraph
3 days ago · Abu Dhabi Global Market regulators have approved Tether’s USDT as an accepted virtual asset, opening the door to USDT financial services. Access Tether (USDT) real-time price and learn about...
MiCA’s Uncertainty Leaves USDT’s Fate Hanging in the Balance
Dec 27, 2024 · The EU’s Markets in Crypto-Assets Regulation (MiCA) takes full effect on Dec. 30, 2024, yet EU regulators have not yet confirmed whether USDT complies with the new rules.
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