Coinbase Moves to End Peso-to-USDC Trading in Argentina

Coinbase, a leading cryptocurrency exchange known for its strict compliance and user protection, is leaving Argentina’s local currency market. By January 31, 2026, Coinbase will stop trading Argentine pesos for USDC. This decision comes just a year after Coinbase launched in Argentina.

Coinbase Set to Exit Argentina

While Coinbase is ending support for the peso, it will still allow crypto-to-crypto trading for users in the country. Starting on the deadline, Argentine customers won’t be able to buy or sell USDC with pesos. Coinbase has given users 30 days to convert their pesos into supported cryptocurrencies or withdraw their funds. 

It is also worth noting that users can continue to buy, sell, send, and receive various cryptocurrencies without any interruptions. Trading pairs with cryptocurrencies such as Bitcoin, Ethereum, among others, are available, allowing access to global crypto markets.

Undoubtedly, this decision shows the challenges that international exchanges face due to changing regulations. For users in Argentina, this change is significant. However, the country remains at the top of Latin America’s crypto adoption chart. The rise is not just about interest in new technology or hype. It is a direct response to years of economic trouble, marked by hyperinflation and strict controls on foreign currency.

Coinbase Delists Tokens Due to System Upgrades

Recall that the exchange recently delisted some tokens from its platform. The affected tokens include Galxe (GAL), Litentry (LIT), Mines of Dalarnia (DAR), Orion Protocol (ORN), and PARSIQ (PRQ). The trading suspension of these tokens began on May 16, 2025.

Unlike past delistings triggered by poor performance or security concerns, Coinbase’s decision is based on token upgrades. According to the exchange, each project launched a new version of its token. The tokens listed on the trading platform are outdated and no longer meet the platform’s listing standards.

Ultimately, the crypto exchange ensures it only supports active and up-to-date tokens that work correctly on its platform.

Coinbase to Become a Global Everything Exchange

Despite its exit from Argentina and delisting of tokens, Coinbase has outlined ambitious plans to expand far beyond its traditional role as a crypto exchange in 2026. To this effect, the prominent exchange’s CEO, Brian Armstrong, shared the company’s strategic vision.

He outlined a clear goal to turn Coinbase into an all-in-one financial platform. The vision is to serve a wide range of user needs across the global digital finance ecosystem. It plans to become more than just a crypto trading app. The company aims to create an “everything exchange” that enables users to access various types of financial products in one convenient location.