Tether在云母规则上退出了欧盟，创造了$ 150B的稳定差距； Ripple的RLUSD成为最高的竞争者

USDT的离开摇动欧盟加密货币； Ripple的RLUSD和Circle的USDC竞争，在转移的市场动态中填补了空白。

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.

由于云母法规，欧洲刚刚失去了其交易最多的Stablecoin Tether's USDT，因此加密货币市场已经在嗡嗡作响。 Tether决定从欧洲顶级交易所中撤出USDT的决定遵循云母的要求规则，该规则无利息支出，严格的现金储备，上限发行/赎回以及与欧盟银行的所需链接。

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.

但是随着一扇门关闭，另一扇门打开。随着USDT的消失，舞台将使另一个稳定阶层成为中心舞台，而欧洲领先的加密货币交易所Bitstamp已经整合了Rlusd Stablecoin，使其成为现场的主要竞争者。

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.

正如加密分析师杰克·克拉弗（Jake Claver）所说：“绳索看了一眼，说：'我们出去了。

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

欧盟失去了最广泛使用的Stablecoin，USDT从欧洲的主要交易所中撤出，这要归功于新的云母法规，以及Tether的决定不参加比赛。这为市场上打开了巨大的机会。但是真正的问题是：谁来受益？ …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.

没有USDT，欧洲的加密货币交易景观看起来很凹陷。流动性正在枯竭，用户正在慢慢转移到欧盟以外的平台。同时，他说Circle介入了符合云母的USDC和EURC，但与USDT相比，它们的总市场规模仍然很小。尽管Circle提供了合规性，但缺乏完全取代Tether的统治地位的规模。

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

Claver解释说：“ USDC符合规定，但很小。系绳是巨大的，但不合格。Ripple的Rlusd带来了两者中最好的。”

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

USDC vs Rlusd：谁能填补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）强调，在这种情况下，Ripple的Rlusd Stablecoin可能会悄悄成为最大的赢家。 RLUSD于12月推出，完全符合MICA，在XRP Ledger和以太坊上都运行，并得到了Ripple的机构合作伙伴关系的支持。与其他关注美国的项目不同，Ripple已经建立了牢固的全球联系，尤其是在亚洲，在亚洲，区域稳定的人正在越来越受欢迎。

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的早期准备工作正在获得回报。 RLUSD提供了监管一致性和全球影响力的罕见组合。根据克拉弗（Claver）的说法，这将波纹定位为填补欧盟稳定差距的最有可能的候选人。随着USDT暂停，Circle努力进行扩展，Ripple有明显的机会重塑市场。

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，杰克，束缚不符合云母而不符合天才行为会影响比特币。这是导致或加剧其中一种多米诺骨牌之一的原因，这会导致$ XRP在年底之前飙升？

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.

关于加密使用者，Skar Prime的回应是强调了Tether不合规和《天才法》的更广泛的市场含义。他建议，系绳的出口可以在整个加密生态系统中引发更大的多米诺骨牌效应。他认为，这种破坏可能会使比特币这样的资产受益，并在今年年底之前可能加速XRP的崛起，尤其是随着符合法规的替代方案的发展，以填补USDT留下的空白。

Never Miss a Beat in the Crypto World!

永远不要错过加密世界中的节拍！

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，专家分析以及对比特币，Altcoins，Defi，NFTS等最新趋势的实时更新中保持领先地位。

FAQs

常见问题解答

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.

由于云母的严格法规，该绳索撤回了USDT，该法规对Stablecoin发行人施加了严格的规定，包括没有利息支出，严格的现金储备，上限发行和向欧盟银行的强制性链接。

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.

云母（Crypto-Assets法规中的市场）是一个全面的欧盟框架，为Stablecoin发行人设定了严格的规则，要求提供全面储备，监管授权以及透明度，以增强消费者保护和市场稳定。

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.

尽管USDC符合云母含量，但它缺乏完全替代USDT的规模。 RLUSD也符合规定，提供了监管一致性和Ripple的全球影响力的结合，将其定位为强烈。

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的出口正在导致流动性干燥，用户转移平台。它也可能受益于比特币这样的合规资产，并可能加速XRP的升高，因为受监管的替代方案填补了空隙。