Coinbase outage, 20 October 2026
GYEN conversion to USDC
- Started
- Status
- Ongoing: Monitoring
- Impact
- Not stated
Is this still happening?
Yes. Coinbase still lists it as monitoring; last update 20 Oct 2026, 15:14 UTC.
Right now: Coinbase reports degraded performance on some systems. (as of 26 Oct, 03:45 UTC) Live Coinbase status
Last update from Coinbase
GMO-Z.com Trust Company, Inc., the issuer of GYEN, is winding down the GYEN stablecoin. Coinbase will convert all GYEN held on Coinbase to USDC from October 26 - 30, 2026. Send and receive support for GYEN will be disabled on Coinbase from October 26, 2026. Any GYEN that remains on platform as of October 26, 2026 will be converted to USDC from October 26 - 30, 2026. Your tokens will be converted at the market rate at the time of conversion. There will be no transaction fees associated with the conversion. If you do not wish for your GYEN to be converted to USDC please send it to a compatible self-custody wallet before October 26, 2026. Tax consequences may apply. Please consult your local...