š« USDC ā Not a Voluntary First Choice for EU Users on Binance š«
š« Binanceās decision to ban all non-MiCA-compliant stablecoins for EU and EEA users has forced traders into an unwelcome reality. With USDT and other widely used stablecoins removed, only USDC and EURI remaināneither of which would be a voluntary choice for most. USDC, once a secondary option, is now the only viable stablecoin for many, used out of necessity rather than preference.
šš» The trading experience has suffered immensely. Binance offers USDT pairs for all coins, yet USDC pairs exist only for the largest assets. This means EEA users are now locked out of trading many coins they previously accessed through Tether pairs. The restrictions have crippled trading flexibility, leaving users frustrated and searching for alternatives.
āThis madness must end. Binance risks losing its European user base as traders seek platforms that offer more freedom. While the root cause lies in EU regulations, Binance had a choiceāstand with its users or bow to government pressure. It chose the latter, prioritizing compliance over customer needs.
āļø Should we simply accept every bureaucratic decision without resistance? Binanceās allegiance to state authority over its traders is a betrayal, and unless this policy changes, European users may soon abandon the platform entirely.
