Coinbase to auto-convert USDT, PYUSD and 12 other stablecoins for EU users after Oct. 30
In FocusStablecoins9 flashes · 1 story
Coinbase will convert 14 stablecoins that lack MiCA authorization, including Tether's USDT, PayPal's PYUSD and World Liberty Financial's USD1, for retail customers in the European Economic Area once an Oct. 30 deadline passes. Remaining balances will generally be switched into USDC, and trading in the affected tokens is already blocked. The move comes ahead of the Jan. 8, 2027 outer limit set by an Oct. 8 ESMA opinion. Source: CryptoSlate