Coinbase Has Delayed Listing Tether By A Week

Last week, Coinbase announced that it will open Tether fixed coin transactions for the professional trader application, and announced that it has delayed this feature for 1 week.

Coinbase has delayed listing Tether by a week. Last week, Coinbase announced that it will open USDT fixed coin transactions for the professional trader application, and reported that it has delayed this feature for 1 week due to some API (Application programming interface) problems. In a statement made on the official Twitter account of the US-based exchange, it was noted that the application was postponed until May 3. The exchange made a statement yesterday and said that it was waiting for the opening of the transactions, but later decided to postpone it again. In another posts made from the Coinbase account, it was stated that the work continues to make the system more robust and to support scaling operations. The Coinbase exchange, which was listed on the Nasdaq stock exchange in early April with the abbreviation COIN and went public, announced on April 23 that it will list the Tether stable coin for Coinbase PRO users.

Trust in Tether Increased

The fact that the fixed money of the Tether company, which had serious problems with the US regulatory authorities and the Ministry of Justice, will be listed on this exchange, has significantly increased the trust in USDT.