Binance to Delist USDT and Other Stablecoins in Europe by March 31

In response to Europe’s Markets in Crypto-Assets (MiCA) regulations, Binance is delisting several non-compliant stablecoins including Tether (USDT) for EEA users.

This follows regulatory standards to increase transparency and oversight in the stablecoin market.

The affected stablecoins are:

  • USDT (Tether) – The world’s largest stablecoin by market cap

  • FDUSD, TUSD, USDP, DAI, AEUR, UST, USTC, and PAXG

Binance is advising EEA users to convert their holdings into MiCA compliant alternatives such as USDC, EURI or EUR. Although trading will cease, users will still be able to deposit and withdraw non-compliant stablecoins after the deadline.

March 31 Deadline for Stablecoin Conversions

From March 31, 2025, EEA users will only be able to convert non-compliant stablecoins through Binance Convert. Users should also make changes before April 1, 2025:

  • Switch Binance Simple Earn and Dual Investment holdings to compliant stablecoins

  • Adjust collateral and loans under Binance Loans and VIP Loans

  • Prep for trading bot termination for non compliant stablecoin pairs by March 31 at 03:00 UTC

USDT Faces Global Scrutiny

This is not the first time USDT has faced regulatory issues. Both Coinbase and Crypto.com have already delisted USDT in Europe due to MiCA requirements. In the US, lawmakers are considering new legislation that could impose stricter rules on overseas stablecoin issuers and could potentially hurt USDT’s competitors.

Binance’s move signals a bigger shift in the stablecoin landscape as MiCA regulations shape the future of digital asset compliance in Europe. As the deadline approaches, users should adjust their holdings to avoid any disruptions.

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ABOUT THE AUTHOR See More
Arslan Butt
Index & Commodity Analyst
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.
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