Tether CEO retweets hint that USDT will not be deemed illegal in Europe on December 30
Tether CEO Paolo Ardoino retweeted a post from the co-founder of weRate and the CEO of JAN3 on the X platform, which mentioned that there is currently a lot of "FUD information" about USDT in the market, but the reality is that USDT will not be recognized as illegal in Europe on December 30, 2024, MiCA rules need to be followed, but stablecoin service providers have a transition period of 6-18 months, and some exchanges are waiting for clear information.
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Data: USDC circulation increased by about 1 billion in the past 7 days