Based on MetaEra, Trip.com has launched a stablecoin payment feature, allowing users to book flights and hotels with USDT. While this offers convenience and potential cost savings, legal experts warn of compliance risks, particularly in relation to foreign exchange regulations and anti-money laundering laws. Users are advised to ensure the legitimacy of their stablecoin sources and avoid engaging in activities that could be classified as illegal financial operations.
Trip.com Launches USDT Payment: Legal and Compliance Risks Highlighted
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Summary
Trip.com has introduced USDT payments for booking flights and hotels, citing improved liquidity and crypto markets access. Legal experts caution that the move raises compliance obligations, especially under foreign exchange and anti-money laundering rules. Users are urged to verify the legality of their stablecoin sources and avoid actions that may breach financial regulations.
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