Regulation· ★★★★· neutral·

Tether Says 60% Bank Deposit Rule Behind Its Decision to Skip MiCA License

  • —Ardoino cited the 60% bank deposit reserve rule as the reason for not applying
  • —ECB and EU central banks propose replacing it with 1–5 day liquidity conditions
  • —Central banks warn of sudden outflows from issuer deposits
  • —Tether made no commitment to apply even if the rule changes
Why it matters: MiCA rules will determine where the largest stablecoin issuer can operate in the EU and how USDT reserves are structured.
#USDT
Source: Koin Bülteni
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