Yes, Tether (USDT) is expected to be delisted from some European markets by the end of 2024. This is in response to the requirements of the European Union’s Markets in Crypto-Assets Regulation (MiCA), which requires stablecoins to comply with specific regulatory standards. For example, Coinbase has announced that it will delist non-MiCA-compliant stablecoins, including USDT, by December 30, 2024.
Additionally, other exchanges like OKX have started delisting USDT trading pairs in the EEA, citing regulatory requirements as the primary reason.
These measures aim to enhance transparency and protect investors in the cryptocurrency market. The delisting of USDT is expected to impact liquidity and trading patterns in European markets, potentially prompting investors to look for stable and regulatory-compliant alternatives, such as USD Coin (USDC).
However, there is no information indicating that USDT will be delisted from other global markets outside the EU. Therefore, investors will still be able to trade USDT in markets that are not subject to MiCA regulations.
