Coinbase Open to Delisting Tether (USDT) If Required – WSJ Reports

Coinbase has signaled its willingness to remove Tether’s USDT stablecoin from its platform if U.S. regulations under President Trump’s administration demand stricter oversight.

💡 Regulatory Compliance at the Forefront
According to the Wall Street Journal, Coinbase CEO Brian Armstrong stated that the exchange could delist USDT if new U.S. laws required it. Potential stablecoin regulations might enforce stricter guidelines, such as:
✅ Reserves held in U.S. Treasury bonds
✅ Mandatory regular audits to ensure customer protection

📊 Tether’s Current Standing
Tether, the issuer of $138 billion worth of USDT, claims to hold 80% of its reserves in T-Bills. It also provides quarterly financial attestations verified by independent auditor BDO Italia—a practice adopted after the 2022 market collapse to boost transparency.

🤔 Full Audits vs. Attestations
While these attestations help ease concerns, critics argue they aren’t full audits. It remains unclear whether Tether would comply with stricter U.S. financial reporting laws if enacted.

Stay tuned as the regulatory landscape evolves! 🔍👀