Binance Officially Delists USDT and Other Non-MiCA Compliant Stablecoins in Eur
Binance exchange has begun implementing MiCA regulations, removing non-compliant stablecoins from its platform for users in the European Economic Area (EEA).
Since April 1, 2025, Binance has taken a strong step towards meeting the requirements of the European Union’s Markets in Crypto Assets (MiCA) law, officially delisting stablecoin trading pairs that do not meet the new regulatory standards. The move signals a major turning point for the crypto industry in Europe as the new regulations come into effect.
USDT on the Delisting List
The world’s most popular stablecoin – Tether (USDT) – has been delisted from Binance in the EEA region for failing to meet the transparency and oversight standards required by MiCA. In addition to USDT, other stablecoins such as First Digital USD (FDUSD), TrueUSD (TUSD), and even Binance USD (BUSD) were also affected.
These stablecoins account for the majority of liquidity in the global market. According to data from the European Central Bank (ECB), USDT, USDC, and BUSD alone accounted for nearly 90% of the stablecoin market share by the end of 2024.
Automatic swaps, pending orders canceled
Binance users in the EEA are currently unable to continue trading non-compliant stablecoins. Pending orders have been automatically canceled by the system within 48 hours, while non-compliant margin balances have been transferred to compliant stablecoins such as USDC.
Assets in Binance Earn and loans related to non-compliant stablecoins have also been removed from the system. Binance recommends users to quickly switch to MiCA-recognized assets such as USDC or EURI.
Still Custodial But Untradeable
Despite the delisting, Binance said it will continue to maintain custody services for non-MiCA-compliant stablecoins. Users will be able to hold and transfer stablecoins between personal wallets, but will not be able to trade them directly on the platform.
Regulatory Pressure Mounts Across Europe
MiCA is the EU’s first comprehensive regulatory framework for digital assets, requiring stablecoin issuers to disclose reserves, be independently audited, and maintain stable liquidity.
Binance follows similar moves by other major exchanges. OKX removed USDT trading pairs from March 2024, while Coinbase discontinued USDT support in Europe late last year. Kraken has also imposed similar restrictions, including on stablecoins such as PYUSD, EURT, and USTC.
Why this matters
This is a watershed moment for the digital asset market in Europe, where regulatory compliance is becoming a necessity for all crypto-related products and services. Binance’s delisting of USDT marks a major shift in the market, paving the way for a new generation of stablecoins – more transparent, more regulated, and in line with international regulations.