Starting January 31, 2026, Coinbase will discontinue its peso-based USDC services in Argentina, following a review of local operations. Users will have a 30-day period to finalize peso transactions and withdrawals before this deadline. The company has characterized this decision as a “deliberate pause” to reassess its offerings.
Despite halting fiat services, the exchange will continue to support crypto transactions, allowing users to trade digital assets without interruption. Coinbase reassured customers that their funds remain secure and that this change does not indicate a permanent withdrawal from the Argentine market.
Coinbase initially entered Argentina in early 2025, and plans to remain engaged through its Ethereum layer-2 network, Base. The company aims to collaborate with local partners, including the crypto exchange Ripio, on Base-related projects as part of its ongoing strategy in the region.