Kraken to delist Tether USDT, 4 other stablecoins in Europe
AI summary of the linked articleKraken is delisting Tether's USDT and four other stablecoins in the European Economic Area to comply with the EU's Markets in Crypto-Assets Regulation (MiCA). According to the exchange's announcement, USDT will be fully delisted on March 31, with PayPal USD (PYUSD), Tether EURt (EURT), TrueUSD (TUSD) and TerraClassicUSD (UST) also being removed. The process is staged, beginning with "reduce-only" margin pairs on Feb. 13, moving to "sell-only" mode by Feb. 27, and halting spot trading on March 24. Kraken says the changes ensure it remains compliant for European clients, and that the delistings affect clients in 30 countries. |
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9 comments    Now I need to find a new way to off-ramp - Bitpanda also sent around a mail recently that they will support swaps from USDT to other assets but won't support it otherwise. Time to ask for payments in EURC I do. Just not for the things that require a bank account like the health insurance and rent. Going from USDT on Tron to EUR.e is not a very straight-forward process without a CEX.^^ I do. Just not for the things that require a bank account like the health insurance and rent. What I do is that I put everything in my Gnosis Pay and then I use Monerium to send EURE to my regular bank account when it empties etc. Going from USDT on Tron lol why the hell are you paid in USDT on Tron Going from USDT on Tron to EUR.e is not a very straight-forward process without a CEX.^^ Mhh that's annoying, so you have to bridge this through a CEX? I gotta say, I also find it difficult at times to reach EURE on Gnosis. Zeal made this easier but there are many L2s which seem to not be served ayomide.ethSubmitter Starlink is struggling to launch in Namibia and South Africa. There are some African countries where you can't trade crypto at all. |
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