EnglishComplete details on the exclusion of USDT 💯
USDT has been excluded from the list only on European exchanges such as Coinbase, etc.
However, exchanges in Pakistan, India, and other Asian countries have not been affected, so there is no need to worry 💯.
In the European Union, USDT does not comply with its cryptocurrency regulations, so it is being delisted there.
Why is Coinbase making a fuss?
USDC is the stablecoin of Circle ⭕ Foundation, and Coinbase has a partnership with Circle ⭕ Foundation. That is why Coinbase is pushing this agenda: they want people to transfer their funds from USDT to USDC.
Since Coinbase is the third largest exchange 💱 globally, this issue is receiving much more attention than usual.
What about Asia?
As for Asia, until regulations related to cryptocurrencies are introduced, exchanges like Binance, OKX, and Bybit will continue to support USDT as usual.
What happens to coins bought in USDT pairs?
Many people wonder if coins like BTC, SOL, or others bought in USDT pairs will have any issues. The answer is NO, there will be no problems with those coins. Therefore, there is no need to worry about this.
I hope all your concerns are now cleared up! 😊
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