Share this article
Coinbase Pro Delays Rollout of Tether Trading Citing API Issues
Coinbase has said it is continuing to work on the back end while it resolves the issue.
Updated Sep 14, 2021, 12:47 p.m. Published Apr 28, 2021, 4:43 a.m.
Coinbase has delayed the launch of trading on stablecoin tether until next month, citing an ongoing issue with its professional platform's application programming interface (API).
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
- Coinbase announced Wednesday via a tweet it had decided to further delay the launch on Coinbase Pro until 6 p.m. PT (1:00 UTC) on May 3.
- It marks the second time in two days the company has decided to postpone USDT trading after announcing on Tuesday it intended to resume trading later that evening.
- While transfers remain available, the U.S. cryptocurrency trading platform said it was working to ensure it had resolved the issue on its core API's and exchange.
- "We are continuing to deploy services on the back end to scale and bolster the exchange and want to take this time to make the exchange more robust," said the exchange via a separate tweet.
- Coinbase decided to list USDT on April 23, much to the surprise of the crypto community, which at times has questioned whether the stablecoin is fully backed by U.S. dollars.
- Earlier in the month, Coinbase went public on the Nasdaq exchange through a direct listing under the ticker $COIN.
See also: A Bridge Called Tether
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
DOT Sinks 2% After Breaking Key Support
The Polkadot token erased earlier gains amid elevated volume, falling from a high of $2.09 to $1.97.
What to know:
- DOT collapsed through ascending trendline support around the $2.05 level on a massive 284% volume surge.
- The token broke decisively below the support level to trade 2% lower over the last 24 hours.
Top Stories
