Following our recent updates to comply with regulatory requirements, we are continuing to transition from USDT and USDP to USDC. This now includes automatically converting any remaining balances in your trading wallet and any USDT Rewards balances will be automatically converted to USDC beginning Monday, 13 April.
Impact on Your Account
- All USDT and USDP held in your trading wallet or earned through rewards will be converted to USDC on 13 April.
- Your funds remain fully backed and secure during this transition.
- Once the conversion is complete, you can continue trading as usual using your new USDC balance.
Frequently asked questions
What happened to my USDT and USDP balance?
Users could freely withdraw and swap their affected funds up to 30th March. Any eligible on-platform balance in USDT and USDP has been automatically converted to equivalent USDC balance since then.
Can I still trade these assets?
No. USDT and USDP are no longer available for trading for eligible users in the European zone. Howe
Can I continue trading after the conversion?
Of course! You can continue trading using USDC without interruption.
Can I still deposit or withdraw these tokens?
Deposits of USDT and USDP are no longer available for eligible users affected by these changes.
Withdrawals from the EARN account and to the external wallet are available until 13th of April.
What stablecoin alternatives are available?
USDC remains supported and available on our platform.
What happens to my balance held in Earn?
All USDT and USDP held in your EARN account or earned through rewards will be converted to USDC on 13 April.
Which countries are affected?
EU Member States:
Austria, Belgium, Bulgaria, Croatia, Cyprus, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden. UK is not affected.
Non-EU EEA members:
Iceland, Liechtenstein, Norway.
Need more help?
Our support team is available to help if you have any questions about these changes. Please sign in to your Wallet and contact us via chat.