Coinbase delists USDT and DAI on October 30: what to check before the deadline

If you hold USDT, PYUSD or DAI at Coinbase, you have until October 30, 2026 to move those balances off the account. After that, the exchange converts any remaining holdings into USDC itself. Tokens that arrive in your Coinbase account after the cut-off date will not be credited at all. Buying, selling and swapping these stablecoins is already blocked for customers in the European Economic Area, and a withdrawal is the only route still open.

This is not a decision Coinbase took on its own. Behind it sits the EU regulation on markets in crypto-assets, MiCA for short, and an opinion issued by the European securities supervisor ESMA on October 8, 2026. The exchange is merely setting its own deadline well ahead of the European outer limit.

Coinbase delists several stablecoins for customers in the European Economic Area

The list of affected tokens includes, according to Coinbase, Tether (USDT), PayPal USD (PYUSD), Dai (DAI), Pax Dollar (PAX), Gemini Dollar (GUSD) and GYEN. The exchange's help page names further tokens beyond those. What they all have in common: there is no MiCA authorisation for them, neither as an asset-referenced token nor as an e-money token.

An e-money to...