Cryptocurrency exchange Huobi has announced that it will delist ten trading pairs, primarily those involving Justin Sun’s USDD coin. The exchange claims that this move is aimed at providing users with a better trading experience, but many speculate that Sun’s public accusations against the brother of Huobi’s founder played a role in the decision. The trading pairs that will be delisted include Solana’s SOL, Cardano’s ADA, Polygon’s MATIC, and Ethereum Classic’s ETC, among others. USDD is a stablecoin issued by the TRON DAO Reserve and is currently the seventh largest stablecoin by market capitalization. This delisting follows the classification of several tokens, including ADA, SOL, and MATIC, as securities by the US SEC, which has led to other platforms removing support for these tokens. Additionally, Sun recently accused Huobi’s founder’s brother of acquiring tokens abnormally, suggesting nepotism and inappropriate profiteering. However, Sun’s recent transfer of funds to Huobi from Lido Finance, which was initially seen as an aggressive move, was later revealed to be unrelated to the allegations against Huobi’s founder’s brother.
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