There has been increasing discourse surrounding the impact of the Markets in Crypto-Assets (MiCA) regulation in Europe on stablecoins that may not comply, like Tether (USDT). The regulation aims to create a harmonized regulatory framework for cryptocurrencies within the European Union. This could present challenges for stablecoins that do not meet the specified compliance standards, potentially affecting their operation and adoption within Europe.
Source: en.cryptonomist.ch ↗