The CEO of Tether retweeted a post suggesting that USDT will not be deemed illegal in Europe on December 30th

On December 29, Paolo Ardoino, CEO of Tether, retweeted a post by the co-founder of weRate and CEO of JAN3 on platform X. The tweet mentioned that there is a lot of "FUD information" about USDT in the current market. However, the reality is that USDT will not be deemed illegal in Europe on December 30, 2024. MiCA rules need to be complied with, but stablecoin service providers have a transition period of 6-18 months. Some exchanges are waiting for clear information.