{"id":24365,"date":"2025-05-29T12:31:25","date_gmt":"2025-05-29T09:31:25","guid":{"rendered":"https:\/\/forklog.com\/en\/tether-backed-firms-launch-mica-compliant-stablecoins-in-europe\/"},"modified":"2025-05-29T12:31:25","modified_gmt":"2025-05-29T09:31:25","slug":"tether-backed-firms-launch-mica-compliant-stablecoins-in-europe","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/tether-backed-firms-launch-mica-compliant-stablecoins-in-europe\/","title":{"rendered":"Tether-Backed Firms Launch MiCA-Compliant Stablecoins in Europe"},"content":{"rendered":"<p>Two Tether-supported companies, StablR and Oobit, have introduced MiCA-compliant stablecoins in Europe.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Stablecoins are transforming payments, and we\u2019re taking them a step further as part of our collaboration with <a href=\"https:\/\/twitter.com\/StablREuro?ref_src=twsrc%5Etfw\">@StablREuro<\/a>. <\/p>\n<p>By integrating MiCA-compliant and <a href=\"https:\/\/twitter.com\/Tether_to?ref_src=twsrc%5Etfw\">@Tether_to<\/a>\u2014 backed<a href=\"https:\/\/twitter.com\/StablREuro?ref_src=twsrc%5Etfw\">@StablREuro<\/a> and <a href=\"https:\/\/twitter.com\/StablRUSD?ref_src=twsrc%5Etfw\">@StablRUSD<\/a>, we&#8217;re enabling seamless and secure crypto payments. Plus, earn 5%\u2026 <a href=\"https:\/\/t.co\/3ZzDqw6G2E\">pic.twitter.com\/3ZzDqw6G2E<\/a><\/p>\n<p>\u2014 Oobit (@oobit) <a href=\"https:\/\/twitter.com\/oobit\/status\/1927390028381950229?ref_src=twsrc%5Etfw\">May 27, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The launch follows the withdrawal of the USDT stablecoin issuer from the European market due to non-compliance with the EU&#8217;s cryptocurrency regulation law.<\/p>\n<p>The company previously dominated the sector, but after MiCA came into effect, competitors like EURS from Stasis, EURC from Circle, and EURCV from Soci\u00e9t\u00e9 G\u00e9n\u00e9rale took its place.<\/p>\n<p>Exchanges Binance and Kraken are already discontinuing USDT support in the Eurozone.<\/p>\n<p>The Oobit payment app is integrating StablR stablecoins, pegged to the euro (EURR) and the US dollar (USDR). For this, it will utilize Tether&#8217;s new Hadron tokenization platform.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cBy implementing regulated stablecoins, we are making cryptocurrencies a mainstream payment tool,\u201d stated Oobit CEO Amram Adar.<\/em><\/p>\n<\/blockquote>\n<p>To encourage the adoption of these new stablecoins, users will receive a 5% cashback when using EURR or USDR.<\/p>\n<p>Back in March 2024, the exchange OKX <a href=\"https:\/\/forklog.com\/en\/news\/okx-to-remove-usdt-trading-pairs-in-europe-reports-suggest\">delisted<\/a> trading pairs with USDT for clients in the European Economic Area.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Two Tether-supported companies, StablR and Oobit, have introduced MiCA-compliant stablecoins in Europe. Stablecoins are transforming payments, and we\u2019re taking them a step further as part of our collaboration with @StablREuro. By integrating MiCA-compliant and @Tether_to\u2014 backed@StablREuro and @StablRUSD, we&#8217;re enabling seamless and secure crypto payments. Plus, earn 5%\u2026 pic.twitter.com\/3ZzDqw6G2E \u2014 Oobit (@oobit) May 27, 2025 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":24364,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[733,1483,807,1245],"class_list":["post-24365","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-europe","tag-mica","tag-stablecoins","tag-tether-usdt"],"aioseo_notices":[],"amp_enabled":true,"views":"67","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/24365","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=24365"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/24365\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/24364"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=24365"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=24365"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=24365"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}