Upbit will cease USDT lending services on August 27, 2025

Upbit announced that it will cease its "Coin Lending" service for USDT on August 27, 2025. Starting from July 28, 2025, new and additional applications for USDT loans will be suspended, and existing applications will gradually complete automatic repayment according to the maturity date. Users should be aware that market fluctuations may lead to mandatory repayment risks and complete relevant operations before the end of the service.