HTX Delists USD1 Stablecoin After WLFI Project Freezes Exchange Addresses
HTX Delists USD1 Stablecoin After WLFI Project Freezes Exchange Addresses
馃敀 Exchange vs Issuer
HTX exchange is delisting the USD1 stablecoin on June 7, 2026, following sanctions-related address freezes by its issuer, World Liberty Financial (WLFI).
Key Actions:
- USD1 will be delisted at 03:00 UTC on June 7
- User holdings will be converted to USDT at 1:1 ratio
- Converted USDT will be credited to Spot Accounts
- Deposit and conversion services for USD1 are suspended
Background: WLFI unilaterally froze specific HTX on-chain addresses based on sanctions compliance reviews, restricting circulation of certain WLFI assets. HTX had already suspended trading for WLFI/USDT, USD1/USDT, BTC/USD1, and ETH/USD1 pairs on June 5.
The exchange cited risk mitigation, user asset protection, and maintaining fair trading as reasons for the delisting. Exact timing for conversion completion and distribution details will be announced separately.
Announcement on the Delisting of USD1 (USD1) and Conversion of User Assets to USDT on HTX As USD1 is an asset issued by the WLFI project team, and in order to mitigate potential risks, safeguard user assets, and maintain a fair trading environment, HTX will delist USD1 at 03:00
Official Statement from HTX Regarding the Handling of WLFI and USD1 Assets The World Liberty Financial (WLFI) project team recently stated that it has unilaterally imposed a freeze on specific HTX on-chain addresses based on sanctions compliance reviews. As a result, the
Official Statement from HTX Regarding the Handling of WLFI and USD1 Assets The World Liberty Financial (WLFI) project team recently stated that it has unilaterally imposed a freeze on specific HTX on-chain addresses based on sanctions compliance reviews. As a result, the
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