đ¨ Poland to Ban USDT & USDC for Binance Traders from May 16! Is the Rest of Europe Next?
What You NEED to Know!
Big update for Binance users in Poland â and possibly for the entire EEA (European Economic Area) soon!
Starting May 16, 2025, you wonât be able to use USDT or USDC for:
â Futures Trading
â Margin Positions
â Dual Investment Products
â Stablecoin-Backed Loans
Official Binance Note:
âWeâre updating product access in Poland to align with evolving local regulations. From May 16, 2025, stablecoin-based products like Futures, Margin, Loans & Dual Investments will no longer be available.â
So, whatâs changing exactly?
From May 16, Polish users can no longer:
⢠Open new USDâ-Margined Futures (USDT/USDC-based)
⢠Join Dual Investment programs involving stablecoins
⢠Take out loans or use USDT/USDC as collateral
⢠Trade on Margin using USDT or USDC
BUT... Coin-Margined (e.g. BTC-Margined) Futures are still available!
How Will This Affect Traders?
1. Shift in Strategy Required
Youâll need to pivot to crypto-based margin (think BTC, ETH) as stablecoins wonât work anymore.
2. Reduced Flexibility
Fewer trading instruments = less room for creative setups or conservative plays.
3. Increased Volatility Exposure
With stable assets out of the picture, brace for more price swings and liquidation risks.
Will Binance Auto-Close Your Positions?
Nope! Your existing positions using USDT or USDC will stay open, but no new ones can be opened after May 16.
Why Is This Happening?
All signs point to the EUâs new MiCA regulations â aiming to bring stricter control over stablecoin issuance & usage. Binance is proactively adapting to ensure it stays compliant.
Heads-Up for Other EEA Countries
Poland might just be the first domino â other EU regions could see similar changes very soon. Stay informed and prepare your strategy accordingly!
