Coinbase Global recently announced a strategic decision to delist all unauthorized stablecoins within the European Economic Area (EEA) by year-end.
This surprise move by the prominent cryptocurrency exchange could notably affect Tether Holdings Ltd's USDT, the largest stablecoin worldwide.
The delisting signifies Coinbase's approach to compliance and regulatory adaptation in the ever-evolving cryptocurrency industry landscape.
With USDT being a significant player, the implications of its potential delisting in such a vast market as the EEA remain substantial.