Tether invests in European stablecoin issuer as USDT remains non-compliant with MiCA

Tether invests in European stablecoin issuer StablR as Europe’s MiCA rules approach implementation later this month. The move indicates an effort to navigate regulatory conditions that require fully compliant stablecoin issuance within European markets. StablR, now backed by Tether, holds an Electronic Money Institution license from the Malta Financial Services Authority, allowing it to... source: https://cryptoslate.com/tether-invests-in-european-stablecoin-issuer-as-usdt-remains-non-compliant-with-mica/