Tether’s Market Value Plummets to Two-Year Low Following Implementation of New MiCA Regulations
Tether, the leading stablecoin, has experienced a significant drop in its Market value due to new cryptocurrency regulations in the European Union. The value of USDT fell by over 1% this week, marking its largest decline since the FTX crash in November 2022. This drop coincides with several exchanges, including Coinbase, removing USDT due to ...