USDT is being delisted from European exchanges, leading to the launch of HUSD, a MiCAR-compliant stablecoin by Hedera. HUSD aims to meet the EU's demand for regulatory-compliant stablecoins amid tightening regulations. This puts HUSD in a good position to fill the gap left by USDT. The launch of HUSD is reflective of the market's need for stablecoins that meet European regulatory requirements. The anticipation surrounding HUSD has caused a spike in HBAR futures open interest and trading volume. The launch of HUSD and the increasing Total Value Locked (TVL) on Hedera indicate growing confidence and adoption of its ecosystem in Europe.



Other News from Today