I am actually quite happy with @Tether_to being banned in the EU. The reason for that is that we need a more diversified stablecoin usage.

1. Resilience Against Failures
A diverse stablecoin market reduces dependency on a single issuer, making the crypto ecosystem more resilient to failures. If one stablecoin faces a crisis—whether due to regulatory action, reserve issues, or operational failure—others can step in to maintain liquidity and stability. This ensures that market participants, from traders to DeFi protocols, are not left stranded in the event of a collapse.

2. Enhanced Market Stability
Relying on multiple stablecoins instead of just one prevents widespread disruption caused by events like depegging or liquidity crises. When one stablecoin experiences volatility, others can maintain the balance, reducing ripple effects across trading platforms, DeFi ecosystems, and liquidity pools. This diversification acts as a shock absorber, ensuring smoother market operations.

3. Mitigates Regulatory and Geopolitical Risks
A mix of stablecoins with varying compliance strategies and regional focuses spreads risk across jurisdictions. If one stablecoin is restricted or banned in a specific region, alternatives can continue to serve users without significant disruption.