Dear Cobo Users,

As part of our ongoing efforts to optimize platform offerings and enhance the user experience, Cobo Wallet will be delisting the USDT DeFi product, effective October 25, 2024.

Details of the arrangements are as follows:

• Suspension of Subscriptions: Effective October 24, 2024, at 14:00 (UTC+8), new subscriptions to the USDT DeFi product will no longer be accepted.

• Automatic Redemption: For users currently subscribed to the USDT DeFi product, your assets will be automatically redeemed starting on the delisting date. The redeemed principal, along with any accrued interest, will be credited to your Cobo account by October 24, 2024, at 18:00 (UTC+8).

• No Impact on USDT Fixed Income Products: This change does not affect users participating in USDT fixed income products, which will continue as usual.

We appreciate your continued trust and support of Cobo. Should you have any questions or require further assistance, please don’t hesitate to contact our support team.

Cobo Support
October 24, 2024