Tether USDT trading continues across Europe despite Coinbase delisting

Summary

Cryptocurrency exchanges in Europe continue to support Tether’s USDt stablecoin despite Coinbase's delisting for European customers due to regulatory compliance with the Markets in Crypto-Assets Regulation (MiCA). Major exchanges like Binance, Crypto.com, and Kraken still offer USDT, while platforms such as KuCoin, Mexc, and Bitget also retain it for European users. Coinbase has classified USDT as a MiCA-restricted stablecoin since October, but European authorities have not clarified its compliance status. OKX delisted USDT in March 2024, focusing on euro-based trading pairs, yet both OKX and Bitpanda still list USDT as of December 17. The full implementation of MiCA is set for December 30, prompting exchanges to consider potential delistings in the coming weeks.