Coinbase CEO Brian Armstrong 🇺🇸 says the exchange may have to delist Tether's USDT if authorities demand it. Armstrong, who has lobbied for a U.S. cryptocurrency framework, added that Coinbase would take similar action if Tether fails to comply with new U.S. laws. 💼💰 Despite this, Armstrong acknowledges that many Coinbase users hold USDT, and the company aims to preserve this status quo. This comes a month after Coinbase delisted USDT for Eurozone residents. 🇪🇺 New rules require stablecoin issuers to obtain an e-money license and hold reserves in cash at banks, which Tether reportedly opposes. With the U.S. set to shift its stance under Donald Trump, there is a growing belief that new stablecoin bills will be passed, requiring issuers to hold U.S. Treasury bonds. Tether, which posted a net profit of 2.5 billion in Q3 2024, claims to hold over 105 billion in cash and equivalents, with significant exposure to U.S. Treasuries. However, proposed laws would require Tether to convert these assets to U.S. Treasury bonds. What are your thoughts on this potential shift in the crypto landscape? Share your opinions! 💬👇