Coinbase CEO: If new regulations in the U.S. require it, USDT will be removed from its U.S. trading platform

ChainCatcher news, Coinbase CEO Brian Armstrong stated in an interview with The Wall Street Journal at the Davos Forum that Coinbase will delist USDT from its U.S. trading platform if new regulations require it.

As the largest stablecoin by trading volume globally, USDT is facing stringent regulatory scrutiny, primarily due to its use by criminal organizations, sanction evaders, and terrorist groups for global capital flows.