Coinbase has given retail customers in the European Economic Area until October 30 to withdraw or transfer USDT and 13 other stablecoins. The restriction follows the end, on July 1, 2026, of MiCA’s transitional period, which was not extended. Trading and conversion features for the affected tokens are already disabled, and any balances remaining on the platform will be automatically converted to USDC. To keep the tokens, users must send them to a compatible external wallet before the deadline, a move also made by Revolut for USDT. Separately, the Central Bank of Ireland recently fined Coinbase Ireland by €3.25 million for shortcomings concerning the segregation of customer funds.
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