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Tether’s Market Value Hits 2-Year Low Amid New MiCA Rules
- Tether's market value declined amid new EU cryptocurrency rules.
- USDT experienced its sharpest weekly drop in two years.
- The decline is attributed to delistings on EU-based exchanges due to compliance issues with MiCA regulation.
- Tether's response includes pivoting its European strategy towards MiCA-compliant stablecoins on the Hadron platform.
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