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Binance will remove USDT and 8 other stablecoins

📣 The largest cryptocurrency exchange in the world announced that this measure affects users in the European Union.

🌟 The exchange states that it aims to comply with regulatory requirements, which involves changes in the availability of stablecoins that are not compliant with MiCA in the EEA. Among those affected are USDT, FDUSD, TUSD, USDP, DAI, AEUR, UST, USTC, and PAXG.

✅ Binance recommends that EU users convert their holdings in these currencies to USD Coin (USDC) or EURI as soon as possible. USDC is the stablecoin issued by Circle, and it is currently the second most valued stable cryptocurrency in the market.
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