PANews reported on December 12 that according to Cointelegraph, Coinbase Europe, Coinbase Germany and Coinbase Custody International will delist Tether's USDT and five other stablecoins (PAX, PYUSD, GUSD, GYEN and DAI) on December 13. This move is to comply with the requirements of the European Crypto Asset Market Regulation (MiCA).

Coinbase said it will continue to support stablecoins that comply with MiCA regulations, including USDC and the euro stablecoin EURC, which it operates jointly with Circle, and will evaluate the possibility of re-listing MiCA-compliant stablecoins in the future.