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Post #1344 5
💵 WHY IS TETHER STILL REFUSING AN EU LICENSE - EVEN AS THE ECB ITSELF PUSHES TO SCRAP THE RULE HOLDING IT BACK?

Ardoino just spoke out: a MiCA rule forces stablecoins to keep 60% of reserves in... banks - something he calls a "ticking time bomb," echoing SVB 2023. And now, Europe's own central banks (ESCB) are proposing to drop that same rule but for a completely different reason.

So will Tether return to the EU? How many billions is USDT short of meeting the old rule? And what's still blocking USDT from coming back to European exchanges?

👉 Full story: https://cryptothreads.io/news/tether-mica-60-reserve-rule/

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