Coinbase to end support for 14 stablecoins in Europe under MiCA rules

Retail customers in Europe holding USDT, PYUSD, DAI and 11 other tokens face an automatic swap unless they withdraw first. Coinbase is discontinuing support for 14 stablecoins for retail customers in the European Economic Area after the end of the EU’s MiCA transitional period for stablecoin issuers on July 1, 2026. Customers holding the affected assets must withdraw them by October 30, 2026, if they want to retain them, as Coinbase has restricted buying, selling and converting the tokens on its platform.