Tether’s Market Capitalisation Slips as MiCA Regulations Kick in

  • Tether’s market capitalisation slid 1.5% over the last seven days as broader MiCA regulations across crypto asset service providers in the Eurozone kicked in on Dec 30.
  • These regulations include some stringent rules for global stablecoin providers as some European exchanges have begun to delist USDT.

Leading stablecoin Tether (USDT) has lost 1.5% of its market capitalisation over the last seven days, falling to $137.32Bn from $139.46Bn after broader MiCa regulations kicked in on Dec. 30.

Per the regulations, European exchanges have begun to delist USDT from their crypto lineup, directly contributing to USDT’s falling market share and capitalisation.

MiCA rules around stablecoins

The Markets in Crypto Assets (MiCA) regulation was approved in June 2024, however, the broader regulatory framework for crypto asset service providers kicked in on Dec. 30.

According to the new framework, dollar-denominated stablecoins like USDT and USDC are regulated to limit their dominance within the EU, encouraging the use of Euro-pegged stablecoins for settlements and transactions.

While dollar-pegged stablecoins are not outrightly banned (users can hold them in decentralised wallets), they are subject to stricter rules (like maintaining a 30% reserve in traditional banks, which could impact cash flow) and are restricted on registered exchanges within the EU.

Comments from industry insiders remain unfazed as the bulk of USDT trading and transactions come from Asia and the US, where USDT is not restricted.

Meanwhile, Tether CEO, Paolo Ardoino, retweeted a post citing that Tether’s daily trading volume outpaced the second-largest stablecoin by 14x by Dec. 31.

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Quickest path to becoming a crypto millionaire: Shiba Inu (SHIB), Pepe Coin (PEPE) or Rexas Finance (RXS)?

Memecoins are hailed for their volatility, since it is precisely that volatility that offers the potential for huge upside gains… but one pressing question remains – can established tokens like Shiba Inu (SHIB) or Pepe (PEPE) still transform a modest investment into a fortune? 

According to a seasoned analyst, the answer is straightforward. For Shiba Inu (SHIB) and Pepe Coin (PEPE) to turn a $300 investment into $1 million, their market caps would need to surge by 100X. Given their already substantial market capitalizations, such growth appears highly unlikely for those two memecoins.

But one token that the analyst believes has the potential to do this is Rexas Finance (RXS). Currently in presale stage 11 and priced at $0.175, Rexas Finance offers investors an opportunity reminiscent of Shiba Inu’s (SHIB) early days in 2020 – just before the 2021 bull run, which delivered a staggering 180,000% ROI and turned small investments into millions. 

RXS Presale Hits $33.8M: Revolutionizing Asset Ownership with Tokenization

The ongoing presale is in Stage 11, and each RXS token is priced at $0.175. In this phase, they have so far raised an impressive $33,830,844 out of the targeted $41 million, which indicates how many investors are interested in the project.

RXS’s emphasis on real-world asset tokenization makes it different from its competition. Rexas Finance helps democratize access to high-value markets by allowing its users to fractionalize traditionally illiquid assets such as real estate and commodities. This innovative play offers improved liquidity and investment opportunities to investors previously only available to the elite. With more investors appreciating the amount RXS can change asset ownership and management, its value improves.

Rexas Finance: Innovation and Utility Driving Huge Growth Potential for Early Investors

Shiba Inu and Pepe Coin have garnered attention for their incredible rises and community-driven engagement, yet they don’t offer the fundamental utility that many investors now need. Like SHIB, PEPE is based on speculative trading and viral marketing, not tangible use cases. This makes it susceptible to market volatility. 

Rexas Finance, on the other hand, is utility and innovation-based. The platform’s tools, Rexas Token Builder and QuickMint Bot, enable users to mint asset-backed tokens as quickly as possible, with or without technical expertise. That’s why a growing number of analysts believe that that RXS could offer early adopters a similar growth trajectory to the ones those memecoins offered in their early growth phases. 

Rexas Finance: Strong Presale Performance and Strategic Positioning Set to Lead the Crypto Market

This is one of the reasons the presale of Rexas Finance was a success and has enormous market potential. This means the further into its stages, the more demand there will be for RXS tokens.

In addition, RXS can be found on significant platforms such as CoinMarketCap and CoinGecko and has undergone auditing by CertiK, thereby strengthening its reputation with intended investors. A solid presale performance, a reliable technological framework, and optimal placement in the RWA industry puts Rexas Finance in the race for crypto riches.

tweet about Rexas Finance

Looking Ahead: The Future of RXS

With Rexas Finace presenting a unique token that focuses on real-world assets, a growing number of crypto investors are rushing to buy into its presale during stage 11, before the price to $0.20 in stage 12. 

Website: https://rexas.com

Whitepaper: https://rexas.com/rexas-whitepaper.pdf

Twitter/X: https://x.com/rexasfinance

Telegram: https://t.me/rexasfinance

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