Due to updated requirements from the European regulator, particularly under the MiCA regulation, we have adjusted the functionality related to USDT on our platform.
Your existing USDT remains fully available, and you can still:
Spend USDT using your IN1 card in a Crypto mode
Convert USDT to EUR, USD, or USDC
However, you can't send USDT to other IN1 users or buy USDT within IN1.
We are actively expanding the functionality of the IN1 card! You can now link your card to USDC and spend crypto effortlessly. Plus, more cryptocurrencies are being added for seamless payments with the IN1 card.
You might want to consider exchanging your USDT for USDC. One great benefit of switching to USDC is the fee to send it out. It’s much cheaper 🤩
You can buy USDC or convert USDT to USDC at a favorable rate with IN1!
FAQ:
Why USDC is an alternative?
USDC is a reliable stablecoin that fully complies with European regulatory standards. It is issued by Circle and undergoes regular independent audits, ensuring transparency and stability. Thanks to its high level of trust and compliance with financial regulations, USDC has become one of the most popular digital assets for payments and value storage.