According to Foresight News, an email shared by Twitter user Antony Welfare shows that Uphold, a platform that provides cryptocurrency trading and digital asset debit cards, issued a notice stating that due to the EU's implementation of MiCA on June 30, the exchange will stop supporting multiple stablecoins, including DAI, FRAX, GUSD, USDP, TUSD, and USDT from July 1. Users must convert tokens before 05:59 Beijing time on June 28, or they will be automatically converted to USDC on June 28. Uphold will continue to support USDC, EURC, and PYUSD.
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