Important Update: Mica Changes to Stablecoin Services

Important Update: Mica Changes to Stablecoin Services

At Nebeus, we are always working to align with the latest regulations to provide you with a secure and compliant crypto experience. As part of our commitment to the new MiCA (Markets in Crypto-Assets) regulations, we are making some important changes to our stablecoin services.

What’s Changing?

Starting February 1, 2025, certain stablecoins that do not meet MiCA compliance standards will no longer be available for deposits, trading, or transfers within the Nebeus platform. This includes USDT, which will be gradually phased out to ensure full regulatory compliance.

What Does This Mean for You?

If you hold funds or active contracts involving USDT, your assets remain safe and accessible. No need to withdraw your USDT. When is needed, you will still be able to withdraw your USDT to external wallets or convert it to MiCA-compliant stablecoins, such as USDC, directly on our platform. 

To ensure uninterrupted access to stablecoins, we recommend converting your USDT to USDC on our platform. It’s a quick and seamless process that keeps your transactions compliant and hassle-free.

We are actively working to implement alternative solutions, including the possibility of transitioning to MiCA-compliant stablecoins, to ensure uninterrupted service for our users. Should any adjustments be required to your contracts or wallet settings, we will notify you in advance with clear, detailed instructions. 

We are dedicated to keeping you informed every step of the way and ensuring a smooth and seamless experience throughout this transition.  
If you have any questions or need further assistance, please don’t hesitate to reach out to our support team at [email protected], or visit our help center for more information. 

Frequently Asked Questions (FAQs)

1. What happens if I don’t convert my USDT?

Your USDT will remain in your wallet and can still be withdrawn to an external wallet. However, you will no longer be able to deposit, trade, or transfer USDT within the Nebeus platform after February 1, 2025.

2. How do I convert USDT to USDC?

You can convert USDT to USDC directly on our platform in just a few steps. Navigate to your wallet, select the exchange option, and follow the instructions.

3. What stablecoins will remain available?
 USDC is fully MiCA-compliant and will continue to be supported for deposits, trading, and transfers.

4. What happens if I have a USDT loan?
Your loan remains active and will continue to function without any issues, so there is no immediate action required from your side.
However, if you prefer, you have the option to convert your loan balance from USDT to USDC at any time. USDC is fully compliant with the new EU MiCA regulations and will continue to be supported on our platform.
If you prefer to continue with USDT, you can do so under your existing loan agreement, only for loan repayment. However, please be aware that starting February 1, 2025, USDT will no longer be available on our platform for rest of all operations. To avoid disruption, we recommend switching to USDC, which will remain fully supported.

5. Can I keep my renting or staking rewards in USDT?

Yes, you can continue to hold your rewards in USDT. However, please note that you will no longer be able to deposit, trade, or transfer USDT within our platform.

6. Can I switch my renting or staking rewards to USDC?
Yes, you have the option to switch your rewards to USDC for a seamless and compliant experience. Contact our support team if you need assistance with this process.

7.  Why should I switch to USDC?

✔ Fully compliant with EU regulations
✔ Greater long-term stability and security
✔ Seamless, hassle-free transactions

Switching to USDC ensures that your transactions remain compliant, secure, and uninterrupted on our platform.

8. What if I need help with the transition? Our support team is here to assist you. If you have any questions, contact us at [email protected] or visit our help center for more details

We appreciate your understanding and cooperation as we work to enhance compliance and security for all our users.



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