Uphold will end support for USDT, DAI and other stablecoins starting July 1
Odaily2024/06/18 08:22
By:Odaily
Odaily News New York
cryptocurrency exchange Uphold announced that due to the upcoming Crypto-Asset
Markets (MiCA) regulation in the European Economic Area (EEA) on June 30, the platform will stop supporting multiple stablecoins including
Tether (USDT), Dai (DAI), Frax Protocol (FRAX), Gemini Dollar (GUSD), Pax Dollar (USDP) and TrueUSD (TUSD) from July 1. Uphold recommends that users convert the relevant stablecoins they hold before June 27 to avoid automatic conversion to USDC on June 28. (CryptoBriefing)
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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