Big news in the world of cryptocurrency! Kraken, a place where people buy and sell crypto, might make its own special type of cryptocurrency called a stablecoin. A stablecoin is like a digital dollar; its value stays close to the real US dollar. This is happening because of new rules in Europe.
- Kraken wants to create its own stablecoin to replace another one called USDT, which Europe is making harder to use.
- This new stablecoin would be tied to the US dollar, keeping its value steady.
- Kraken is already planning to stop letting people trade USDT in Europe.
| Fact | Detail |
|---|---|
| USDT Market Cap | $142 billion |
| Kraken's Stablecoin Launch (Predicted) | Likely soon |
| USDT Trading on Kraken (Current) | Still available, but changing |
