For Coinbase retail users in the European Economic Area (EEA): The EU MiCA transition period for stablecoin issuers ended on 2026-07-01. The platform will no longer support 14 unauthorized assets, including USDT, PYUSD, DAI, USD1, PAXG, and GYEN. Buying, selling, and converting these assets are restricted. To keep your original assets, you must withdraw them yourself by October 30. Any remaining balance after that date will be automatically converted in a one-time transaction at market rates to $USDC (or, if that is not suitable, to another supported asset or fiat currency). Deposits made after the deadline will not be credited or included in the automatic conversion. If a token later receives MiCA authorization, Coinbase may reassess whether to list it, but completed conversions will not be reversed.
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