menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Ripple News

>

Ripple’s R...
source image

TheNewsCrypto

1w

read

336

img
dot

Ripple’s RLUSD Poised to Lead as Tether Exits European Market

  • Tether withdraws USDT from European market due to non-compliance with MiCA regulations, creating a $150B gap in stablecoin liquidity.
  • Ripple's MiCA-compliant stablecoin RLUSD gains traction as a potential market leader, benefiting from regulatory alignment and institutional support.
  • USDC, another MiCA-compliant stablecoin, competes with RLUSD but faces challenges in market size and liquidity compared to Tether's USDT.
  • The exit of USDT from the EU market signifies a significant shift in stability, potentially increasing demand for compliant alternatives like RLUSD and Bitcoin.

Read Full Article

like

20 Likes

For uninterrupted reading, download the app