HTX Delists USD1 Stablecoin Amid Dispute with World Liberty Financial

Crypto exchange HTX has announced that it will delist World Liberty Financial's (WLFI) USD1 stablecoin due to a dispute over frozen user accounts.

The exchange claims that the WLFI project team unilaterally froze specific on-chain addresses without proper communication or legal grounds, affecting legitimate user assets. This move is the latest escalation in a standoff between HTX and WLFI over sanctions compliance reviews.

HTX has suspended trading for several pairs involving the USD1 stablecoin and has given users until June 7 to convert their holdings to Tether's (USDT) at a 1:1 ratio. The exchange maintains that the affected assets are not linked to any sanctioned entity, but rather belong to individual users.

The dispute marks the second high-profile use of WLFI's on-chain freeze function, which has been criticized for its lack of transparency and due process. In September 2025, Tron founder Justin Sun's wallet was blacklisted after he moved a significant amount of WLFI between addresses.