Tether is developing a technology solution tailored for the European market. The new tech aims to address challenges posed by the MiCA regulatory framework.

“In Europe, the use cases for stablecoins are very different from the ones in emerging markets and developing countries where USDT is extremely popular,” Tether stated. “The economy in Europe is stable and very structured. Moreover the regulatory landscape is evolving with the introduction of MiCA. Tether commends EU regulators for their efforts in establishing a structured framework, as it plays a key role in fostering growth within the sector.” Show Less