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Tether-Backed Firms Launch MiCA-Compliant Stablecoins in Europe
Tether-Backed Firms Launch MiCA-Compliant Stablecoins in Europe
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Tether-backed companies StablR and Oobit have unveiled MiCA-compliant stablecoins, marking a strategic pivot toward regulatory alignment in the European market. StablR’s EURR and USDR offerings are fully reserved and will undergo regular audits to meet the EU’s Markets in Crypto-Assets (MiCA) standards. Oobit has integrated these stablecoins into its platform, incentivizing adoption with 5% cashback on purchases.
The MOVE follows Tether’s USDT delisting in the European Economic Area, underscoring the industry’s shift toward regulated digital assets. These developments signal growing institutional willingness to operate within evolving compliance frameworks while maintaining product innovation.
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