Binance urges users to convert Euros to USDT after Paysafe debank.Crypto exchange Binance has urged users to convert their Euros into Tether (USDT) before the end of October, after losing the support of its banking partner.
On Sept. 28, Binance urged European Paysafe users to convert their EUR balances in their Binance accounts to USDT before Oct. 31, noting that Paysafe has "unilaterally decided to stop processing EUR deposits for Binance users."
Binance however noted that users may continue to withdraw their EUR balances from Binance accounts to their bank accounts.

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