Despite fears of collapse due to MiCA’s impact, analysts downplay the panic, suggesting the situation may be exaggerated. Tether’s CEO highlights this event might serve as a strategic purchase moment for investors.
The CEO of Tether mentions that 80% of USDT trading occurs in Asia, indicating that European regulations will not substantially affect the market. Preparing for MiCA, Tether paused EURT operations, concentrating efforts on the Asian market.
Leave a Reply