Coinbase Exchange announced today that it will be suspending 41 non-USD trading pairs, including ALCX/USDT and BIT/USD, in order to improve overall market health and consolidate liquidity. The affected trading pairs account for a negligible amount of Coinbase’s total trading volume. Users of Coinbase Advance will still be able to trade the suspended assets through their USDC balances. Additionally, Coinbase Exchange users will be able to continue trading the affected crypto assets by opting into the USDC unification. The news of the suspension comes just hours before Coinbase announced that it would add support for PayPal’s recently launched stablecoin, PYUSD.

This News Article was automatically generated by Bob the Bot (AI)

Information	Details
Geography	North America
Countries
Sentiment	neutral
Relevance Score	8
People	None
Companies	Coinbase Exchange, PayPal, Coinbase Advance, Coinbase, Coinbase Prime
Currencies	Frax Price Index Share, Biconomy Exchange Token, Bitcoin, Alchemix, USD Coin
Securities	None