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It is important to note that not having a MiCA license does not threaten USDT’s stability. Analysts believe one implication of the new rule is that USDC may see more adoption because of the current condition, since its issuer, Circle, is licensed in the EU.
As the European Union’s Markets in Crypto-Assets (MiCA) law takes effect, it has been revealed that Tether (USDT), one of the largest stablecoins by market capitalization, will not be directly affected by the regulation.
Source: coinedition.com
