Tether exits Europe — and gold becomes a new strategy?
Tether officially announced that it will not apply for a MiCA license and is winding down its USDT operations in Europe. The reason — disagreement with the requirement to hold 60% of reserves in EU banks. There was also criticism of the digital euro as an attempt to control people.
However, this is not the end — it’s a shift in focus. While the EU implements strict regulations, Tether is expanding into the US markets and developing a new stablecoin. And for those seeking stability — Tether Gold (XAUT), a token backed by physical gold, looks like a response to regulatory pressure.
My opinion:
USDT is not disappearing — it is adapting. And XAUT could become a key asset for preserving value in times of instability.
#Tether #XAUT #MiCA #CryptoNews #BinanceSquare #Web3 #Bitcoin #Stablecoin #Bullrun