@otg_pod: Tether's USDT has been dropped by MiCA-licensed EU exchanges, including Coinbase, Kraken, and Crypto.com, after failing to secure the e-money token authorization required under Europe's new stablecoin enforcement, effective July 1st. Circle's euro-pegged EURC remains compliant and unaffected. Sam breaks down Tether CEO's pushback on MiCA's reserve rules (60% held at often-reluctant European banks vs. Tether's US Treasury-backed approach), why Tether's real usage lives in emerging markets rather than Europe, and the bigger fallout: of 1,200 EU exchanges, only about 210 hold full MiCA licenses, leaving the rest, including Binance, shut out of the market.

On The Ground

Open In TikTok:

Region: GB

Wednesday 08 July 2026 08:52:03 GMT