Cryptocurrency exchange OKX has announced that it will delist 11 spot trading pairs on June 4, 2025, as part of its regular review process aimed at maintaining healthy and quality markets. Among the pairs to be removed is the stablecoin-to-stablecoin trading pair USDT/USDC, which is widely used by users as a stablecoin ramp. Additionally, several altcoin pairs involving tokens ZERO, PRQ, IQ, ARTY, and SAMO will also be delisted.
The exchange cited low trading volume, market conditions, and user feedback as reasons behind the decision but did not provide specific explanations. Deposits for ZERO, PRQ, IQ, ARTY, and SAMO tokens were suspended starting May 28, 2025, and withdrawals will be suspended by September 4, 2025. Users are advised to cancel open orders on the affected pairs before delisting to avoid automatic cancellation.
This move coincides with OKX's ongoing expansion into the U.S. market, having secured licenses in 47 states and opened a new headquarters in San Jose. OKX recently recruited Roshan Robert, a former Barclays and Hidden Road executive, to lead its U.S. efforts. The delisting could be part of a strategy to realign the platform's offerings in preparation for this expansion.
The delisting of USDT/USDC is particularly noteworthy as it removes a key stablecoin pair, leaving users to navigate without detailed information about the rationale. Reserve balances reported by OKX also showed a decline in USDT and USDC holdings, possibly related to this strategic change. Overall, the exchange emphasizes continued review and adjustment of listings to enhance market quality and user experience.
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