Tether, Circle Vie for Upper Hand in Stablecoin Industry Regulatory Push
12 Articles
12 Articles
USDC Set To Challenge Tether After Binance's Major Policy Shift: Report
USDC’s market share on Binance surged 1,621% in the past year, challenging Tether’s dominance. Binance will delist USDT for EU users by March 31, boosting USDC’s position in the market. USDC’s strong compliance framework positions it as a preferred stablecoin for EU traders under MiCA. USDC is on the rise in Binance since the changes in the policies regarding stablecoins in the European Union. Stablecoin concentrated market share has increased f…
With the MiCA regulation comes the dispute over its correct interpretation. Stablecoins like Tether (USDT) should be listed, but not offered for trading. Source: BTC-ECHO BTC-ECHO
Tether v Circle: The knife fight for stablecoin supremacy
Tether struggles to fight for its dominance in the stablecoin market as Circle gathers steam with help from high-powered allies in the United States. The post Tether v Circle: The knife fight for stablecoin supremacy appeared first on CoinGeek.
MiCA and its Impact on the Cryptofinancial Ecosystem: The Case of Tether under the Regulatory Lens ETHNews
Tether avoids licenses, prioritizing Asia, while USDC seeks approvals to dominate Europe by 2025. OKX and Uphold eliminate USDT in the EU, complying with MiCA limits, affecting cryptoasset liquidity. The entry into force of the Markets in Cryptoassets Regulation (MiCA) on December 30, 2024, has marked a transformative milestone for the cryptofinance sector. This regulatory framework, designed to harmonize rules in the European Union (EU) on the …
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