Crypto exchange HTX will soon delist World Liberty Financial's USD1 stablecoin and convert eligible user holdings to Tether's USDT at a 1:1 ratio, the exchange announced Saturday. The move is the latest escalation in a standoff over the Trump-linked project's freezing of HTX-linked onchain addresses.
The delisting will take effect at 3:00 UTC on June 7. HTX had already suspended trading for the…