Wu Shuo learned that DefiLlama founder 0xngmi pointed out that Tether has $7.8 billion in Bitcoin reserves, which can quickly maintain stability when it is unanchored, surpassing Circle (USDC) where assets are concentrated in banks. Some users criticized Circle for lobbying the EU to exclude USDT, which led to the introduction of MiCA that harmed user interests. 0xngmi stated that Tether also bears responsibility for incomplete compliance. Chain detective ZachXBT added that MiCA itself has problems, forcing issuers to deposit 60% of their reserves in low-quality EU banks, making them bear unreasonable risks and ultimately potentially harming users. https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=40363