Tether, for instance, has already decided against getting a MiCA license for its USDT stablecoin, claiming that the requirements are dangerous for stablecoins. This has made MiCA-compliant platforms in the region that delist USDT.
Quote
Sources
Germany’s BaFIN grants crypto license to Trade Republic amid slow MiCA rollout
Referenced by
Tether has publicly opted out of obtaining a MiCA license for its USDT stablecoin, citing the framework’s requirements as a threat to stablecoin viability, which has led some MiCA-compliant platforms to delist USDT
Crypto news
Claim