Stablecoins and Regulatory Challenges

This chapter examines the implications of new European regulations on stablecoins like USDT, urging the need for compliance to avoid trading barriers on platforms like Coinbase Europe. It discusses the economic struggles in countries dealing with hyperinflation, leading users to turn to stablecoins for financial stability, while also critiquing the limitations of existing banking and regulatory frameworks. The narrative highlights the urgent call for innovation in digital currency amid regulatory constraints that may hinder competitiveness in the financial technology landscape.