Tether在雲母規則上退出了歐盟，創造了$ 150B的穩定差距； Ripple的RLUSD成為最高的競爭者

USDT的離開搖動歐盟加密貨幣； Ripple的RLUSD和Circle的USDC競爭，在轉移的市場動態中填補了空白。

Europe just lost its most traded stablecoin, Tether’s USDT, due to MiCA regulations, and the crypto market is already buzzing with activity as a result. Tether’s decision to pull USDT from top European exchanges follows MiCA’s demanding rules of no interest payouts, strict cash reserves, capped issuance/redemptions, and required links to EU banks.

由於雲母法規，歐洲剛剛失去了其交易最多的Stablecoin Tether's USDT，因此加密貨幣市場已經在嗡嗡作響。 Tether決定從歐洲頂級交易所中撤出USDT的決定遵循雲母的要求規則，該規則無利息支出，嚴格的現金儲備，上限發行/贖回以及與歐盟銀行的所需鏈接。

But as one door closes, another opens. With USDT gone, the stage is set for another stablecoin to take center stage, and Bitstamp, the leading European cryptocurrency exchange, has already integrated RLUSD stablecoin, making it a prime contender for the spot.

但是隨著一扇門關閉，另一扇門打開。隨著USDT的消失，舞台將使另一個穩定階層成為中心舞台，而歐洲領先的加密貨幣交易所Bitstamp已經整合了Rlusd Stablecoin，使其成為現場的主要競爭者。

As crypto analyst Jake Claver puts it, “Tether took one look and said, ‘we’re out.’” And just like that, a $150 billion liquidity engine exited one of the largest crypto markets.

正如加密分析師傑克·克拉弗（Jake Claver）所說：“繩索看了一眼，說：'我們出去了。

The EU lost its most widely-used stablecoin with USDT being pulled from major exchanges across Europe, all thanks to new MiCA regulations—and Tether’s decision not to play along. That opens up a huge opportunity in the market. But the real question is: who’s going to benefit? The… pic.twitter.com/aqM5WWYTPg

歐盟失去了最廣泛使用的Stablecoin，USDT從歐洲的主要交易所中撤出，這要歸功於新的雲母法規，以及Tether的決定不參加比賽。這為市場上打開了巨大的機會。但是真正的問題是：誰來受益？ …pic.twitter.com/aqm5wwytpg

Without USDT, Europe’s crypto trading landscape looks dented. Liquidity is drying up, and users are slowly shifting to platforms outside the EU. Meanwhile, he said Circle is stepping in with MiCA-compliant USDC and EURC, but their combined market size is still small compared to USDT. While Circle offers compliance, it lacks the scale to replace Tether’s dominance fully.

沒有USDT，歐洲的加密貨幣交易景觀看起來很凹陷。流動性正在枯竭，用戶正在慢慢轉移到歐盟以外的平台。同時，他說Circle介入了符合雲母的USDC和EURC，但與USDT相比，它們的總市場規模仍然很小。儘管Circle提供了合規性，但缺乏完全取代Tether的統治地位的規模。

Claver explains, “USDC is compliant but small. Tether is massive but non-compliant. Ripple’s RLUSD brings the best of both worlds.”

Claver解釋說：“ USDC符合規定，但很小。繫繩是巨大的，但不合格。Ripple的Rlusd帶來了兩者中最好的。”

USDC vs RLUSD: Who Can Fill Tether’s $150B Shoes?

USDC vs Rlusd：誰能填補Tether的150B鞋？

Claver highlights that Ripple’s RLUSD stablecoin could quietly become the biggest winner in this scenario. RLUSD launched in December, fully compliant with MiCA, runs on both the XRP Ledger and Ethereum, and is supported by Ripple’s institutional partnerships. Unlike other projects focused on the US, Ripple had already built strong global connections, particularly in Asia, where regional stablecoins are gaining popularity.

克拉弗（Claver）強調，在這種情況下，Ripple的Rlusd Stablecoin可能會悄悄成為最大的贏家。 RLUSD於12月推出，完全符合MICA，在XRP Ledger和以太坊上都運行，並得到了Ripple的機構合作夥伴關係的支持。與其他關注美國的項目不同，Ripple已經建立了牢固的全球聯繫，尤其是在亞洲，在亞洲，區域穩定的人正在越來越受歡迎。

However, Ripple’s early preparation is now paying off. RLUSD offers a rare combination of regulatory alignment and global reach. According to Claver, this positions Ripple as the most likely candidate to fill the stablecoin gap in the EU. With USDT stepping aside and Circle struggling to scale, Ripple has a clear opportunity to reshape the market.

但是，Ripple的早期準備工作正在獲得回報。 RLUSD提供了監管一致性和全球影響力的罕見組合。根據克拉弗（Claver）的說法，這將波紋定位為填補歐盟穩定差距的最有可能的候選人。隨著USDT暫停，Circle努力進行擴展，Ripple有明顯的機會重塑市場。

On the Contrary…

相反…

Hey Jake,How does Tether not being MiCA compliant and not being compliant with the Genius act , affect Bitcoin. Will this be the reason that causes or exacerbates one of those dominoes to fall, which will cause $XRP to skyrocket before the end of the year?

嘿，傑克，束縛不符合雲母而不符合天才行為會影響比特幣。這是導致或加劇其中一種多米諾骨牌之一的原因，這會導致$ XRP在年底之前飆升？

On crypto users, sKar PRIME responded by highlighting the broader market implications of Tether’s non-compliance with MiCA and the Genius Act. He suggested that Tether’s exit could trigger a larger domino effect across the crypto ecosystem. This disruption, he implied, might benefit assets like Bitcoin and potentially accelerate XRP’s rise by the end of the year, especially as regulatory-compliant alternatives step in to fill the gap left by USDT.

關於加密使用者，Skar Prime的回應是強調了Tether不合規和《天才法》的更廣泛的市場含義。他建議，繫繩的出口可以在整個加密生態系統中引發更大的多米諾骨牌效應。他認為，這種破壞可能會使比特幣這樣的資產受益，並在今年年底之前可能加速XRP的崛起，尤其是隨著符合法規的替代方案的發展，以填補USDT留下的空白。

Never Miss a Beat in the Crypto World!

永遠不要錯過加密世界中的節拍！

Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

在Breaking News，專家分析以及對比特幣，Altcoins，Defi，NFTS等最新趨勢的實時更新中保持領先地位。

FAQs

常見問題解答

Tether withdrew USDT due to MiCA’s strict regulations, which impose tight rules on stablecoin issuers, including no interest payouts, strict cash reserves, capped issuance, and mandatory links to EU banks.

由於雲母的嚴格法規，該繩索撤回了USDT，該法規對Stablecoin發行人施加了嚴格的規定，包括沒有利息支出，嚴格的現金儲備，上限發行和向歐盟銀行的強制性鏈接。

MiCA (Markets in Crypto-Assets Regulation) is a comprehensive EU framework that sets stringent rules for stablecoin issuers, demanding full reserves, regulatory authorization, and transparency to enhance consumer protection and market stability.

雲母（Crypto-Assets法規中的市場）是一個全面的歐盟框架，為Stablecoin發行人設定了嚴格的規則，要求提供全面儲備，監管授權以及透明度，以增強消費者保護和市場穩定。

While USDC is MiCA-compliant, it lacks the scale to fully replace USDT. RLUSD, also compliant, offers a combination of regulatory alignment and Ripple’s global reach, positioning it strongly.

儘管USDC符合雲母含量，但它缺乏完全替代USDT的規模。 RLUSD也符合規定，提供了監管一致性和Ripple的全球影響力的結合，將其定位為強烈。

USDT’s exit is causing liquidity drying up and users shifting platforms. It may also benefit compliant assets like Bitcoin and potentially accelerate XRP’s rise as regulated alternatives fill the void.

USDT的出口正在導致流動性乾燥，用戶轉移平台。它也可能受益於比特幣這樣的合規資產，並可能加速XRP的升高，因為受監管的替代方案填補了空隙。