HTX to Delist USD1 Stablecoin, Converts Holdings to USDT on June 7

HTX will delist World Liberty Financial's USD1 stablecoin at 3:00 UTC on June 7 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 that began when WLFI unilaterally froze onchain addresses it linked to…