Crypto.com, a major cryptocurrency exchange, has announced that it will delist Tether (USDT) from its platform by January 31, 2025. This decision is part of a broader trend impacting the European crypto scene, where Tether appears to be in trouble.
The implications of this move are significant, casting uncertainty over the future of USDT, particularly given its current $138 billion market cap within the EU. Additionally, there is a looming threat that other regions might follow suit in delisting USDT.
This development follows a previous decision to drop Tether, indicating potential regulatory or strategic reasons behind the exchange's choice.
