USDT News: Crypto.com to Delist Tether’s USDT for EU Customers
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Crypto.com has announced the delisting of Tether’s USDT and other assets for EU customers, effective January 31, 2025. This move is in compliance with the EU’s Markets in Crypto-Assets (MiCA) regulations.
Crypto.com to Delist Tether’s USDT Stablecoin for EU Customers
Crypto.com has announced that it will delist Tether (USDT) and several other assets for customers in the European Union, effective January 31, 2025. This decision is in compliance with the regulatory requirements outlined by EU authorities under the Markets in Crypto-Assets (MiCA) regulations. The exchange informed its EU customers via email about the discontinuation of purchasing, staking, and crypto-to-crypto exchange services for the affected assets. The delisting is part of broader efforts to align with regulatory standards in the region.
Big Bet on Virtuals Protocol, Whale Buys $9.86 Million VIRTUAL Tokens – Is Price Rally Coming?
A significant transaction involving the Virtuals Protocol (VIRTUAL) has caught the attention of the cryptocurrency community. A crypto whale has purchased 4.88 million VIRTUAL tokens for $9.86 million using USDT and DAI. This acquisition occurred during a market correction phase for VIRTUAL, sparking discussions about a potential price rally. The transaction was executed on the Ethereum network, as reported by Onchain Lens.
USDT Tether Leads Top 15 Crypto Projects with Highest Monthly Revenues
Revenue is a key indicator of a cryptocurrency project's financial health and long-term viability. Projects with higher revenues typically demonstrate strong utility and user demand, which are crucial for growth and competitiveness. The top 15 crypto projects by total monthly revenue include Tether (USDT), Raydium (RAY), Jito (JTO), Meteora, Circle (USDC), Uniswap (UNI), PancakeSwap (CAKE), PumpFun, Lido (LDO), Photon, Aave (AAVE), BullX, Sky (SKY), Orca (ORCA), and Ethena (ENA). These projects showcase financial stability, resilience, and growth potential, attracting both network participants and investors.
