Quantoz is launching EURQ and USDQ, with Tether set to be delisted in Europe by the end of the year because it lacks an e-money license in a member state.

Coinbase plans to delist Tether's stablecoins in the EU, giving a strong push to its related party Circle. Meanwhile, Tether is developing a new technology solution tailored for the EU market that mitigates the risks of non-compliance with the EU MiCA regulation.

USDC's Circle has been making bold moves at home and abroad to secure the SEC's approval of its IPO. The combination of the digital dollar and going public strategy means this major stablecoin issuer introduces a new paradigm to money technology - a public seigniorage.

At the Bitcoin 2024 conference, Howard Lutnick emphasized Tether’s transparency, regulatory compliance, and security, contrasting it with Circle’s practices.

The standard was designed to enhance cross-chain functionality and mitigate the issues arising from the liquidity fragmentation of USDC stablecoin.

The major exchanges are acting cautiously prior to the partial implementation of MiCA, which might push Euro-pegged stablecoins adoption. USDT and USDC's future in the area remains unclear.

OKX crypto exchange delisted USDT trading pairs for EEA-based users. The upcoming implementation of the MiCA regulation pushes market participants to make bets.

Circle has announced that it will discontinue support of its stablecoin on the Tron blockchain to ensure that USDC remains trusted and transparent. But is there something more afoot?