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Europe's Stablecoin Switch Flips Today: Coinbase Converts USDT to USDC as MiCA Deadline Hits October 30
For millions of European crypto users, October 30 is the day the stablecoin they hold changes whether they act or not. Coinbase is removing USDT and 13 other stablecoins for retail customers across the European Economic Area, and any balance left after the October 30 deadline is automatically converted into USDC at the market rate. It is the sharpest single-exchange cull of dollar-pegged tokens...
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