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In a stunning turn of events, the European Union (EU) is set to impose a ban on the use of USDT (Tether), the world’s largest stablecoin by market capitalization, within its jurisdiction. The ban, set to take effect in just four days, stems from new regulatory measures under the Markets in Crypto-Assets (MiCA) framework, which seeks to establish tighter control and transparency in the cryptocurrency industry. Here's what this means and how you can prepare.