Cryptocurrency Q&A
Why doesn't Coinbase support USDT?
Why doesn't Coinbase support USDT?
Stefano
Fri Feb 28 2025
|
6
answers
1085
Coinbase announced that it would delist USDT and other stablecoins that do not comply with the upcoming EU regulations. This decision was made to ensure compliance with the new regulatory framework, specifically the MiCA, which requires stablecoin issuers to obtain an electronic money license. As Tether, the issuer of USDT, has not obtained this license, Coinbase has decided to delist the coin to avoid any regulatory issues.
6 answers
AltcoinAdventurer
Sun Mar 02 2025
Tether's issuer asserts that the value of USDT is supported by equivalent or greater bank reserves and loans.
Was this helpful?
65
96
Stefano
Sat Mar 01 2025
This claim is made to ensure the stability and trustworthiness of the USDT cryptocurrency.
Was this helpful?
142
97
BlockchainBaron
Sat Mar 01 2025
BTCC, another top cryptocurrency exchange, offers a range of services including spot trading, futures trading, and a wallet for storing digital assets.
Was this helpful?
249
48
AzurePulseStar
Sat Mar 01 2025
However, it's crucial to note that Coinbase, a popular cryptocurrency exchange, only accepts USDT tokens issued on the Ethereum blockchain (ERC-20 standard).
Was this helpful?
226
36
DigitalBaron
Sat Mar 01 2025
Users should be cautious and not attempt to send USDT on any other blockchain network to Coinbase, as it will not be accepted.
Was this helpful?
339
38
Load 5 more related questions
