Antitrust Warnings: Coinbase's USDT Approach and User Losses

Hey everyone,

I've been examining Coinbase's handling of stablecoins like USDC and USDT, and I'm concerned about a potential antitrust issue that's impacting users.

As many of you know, Coinbase owns USDC, and it offers multiple networks for depositing and withdrawing USDC. However, when it comes to USDT, which is arguably the more popular stablecoin, Coinbase only offers one network option.

This discrepancy raises questions about fair competition. By giving preferential treatment to its own stablecoin and limiting options for USDT users, Coinbase may be engaging in anticompetitive behavior that harms both consumers and competitors.

Moreover, while users send USDT to the correct network, Coinbase's limited network support restricts options primarily to the Ethereum (ETH) network, which incurs high fees. In contrast, Coinbase provides comprehensive support for USDC across various major blockchain networks. This discrepancy has resulted in significant financial losses for myself and many others.

I believe this situation not only warrants further investigation but also raises concerns about Coinbase's responsibility to its users and the broader cryptocurrency community.

What are your thoughts on this? Do you think Coinbase could be sued for antitrust violations in this scenario? Have any of you been affected by Coinbase's limited network support for USDT?

Looking forward to hearing your insights and experiences.