Coinbase has announced a stablecoin delisting plan that will be effective by the end of 2024. This plan will involve providing compliant alternative stablecoins.
The alternatives include Circle's USDC and EURC, which are designed to comply with regulatory standards.
This decision comes as part of Coinbase's efforts to enhance its compliance framework and provide customers with reliable and regulated stablecoin options.
By prioritizing compliance, Coinbase aims to align its operations with evolving global cryptocurrency regulations.