BEARISH 65 CryptoSlate 1H ago · 1 min read

Coinbase sets 3-day MiCA deadline for USDT, PayPal and Trump-linked stablecoins

AI summary

Coinbase has given users a 3-day deadline under MiCA rules to act on USDT, PayPal and Trump-linked stablecoin holdings. Affected retail balances will be converted at market rates, with USDC used where suitable, and late deposits will be excluded. Traders holding these stablecoins on Coinbase face forced conversions and should watch for liquidity shifts as USDT and other non-compliant tokens lose a major venue.

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