Coinbase Outage Map

Community Discussion

Tips? Frustrations? Share them here. Useful comments include a description of the problem, city and postal code.

Beware of "support numbers" or "recovery" accounts that might be posted below. Make sure to report and downvote those comments. Avoid posting your personal information.

Coinbase Issues Reports

Latest outage, problems and issue reports in social media:

• 
  Gilgamesh (@SnorkelCapital) reported 5 minutes ago

  @brian_armstrong Coinbase has been the most significant US based cryptocurrency exchange, but it's missing one important thing: 1) Customer service

• 
  Luca Prosperi (@LucaProsperi) reported 6 minutes ago

  @nic_carter @LorenzoARK As usual the truth is in the middle but makes no clicks. 100% retained NIM is probably not market equilibrium, as 0% isn’t. Circle has been bleeding NIM vs distributors from day 1 (see Coinbase) and continues to do so vs distributors/ app with large holdings. See Hyperliquid, Polymarket, Squads, Safe, and others. I’ve been on the losing side as talking horse of this often enough to know, as Bridge has been on HL with Native Markets. The announcement from Stripe is today just an announcement, and the market is the market. There’s no substance in it beyond the obvious signal that a monopoly of a single digital money issuer in an open market is no equilibrium either and others want in. But until now is a pompous announcement with everyone in it - including competitors that won’t support this project most likely (Anchorage, SoFi, Brale, etc). We always knew your margin is my opportunity and NIM alone is not a sustainable moat, but this announcement does nothing to add to this debate. Evidence does.

• 
  Rich kids of base (@yasinaktimur) reported 7 minutes ago

  🚨 Circle stock is COLLAPSING. It's down 14% today! Here's why: Stripe, Coinbase, Visa, Mastercard, BlackRock & 140+ others just launched a rival stablecoin called Open USD. It charges zero minting fees & hands the reserve yield back to partners. That yield IS Circle's business model. This is an existential threat.

• 
  Ricardo (@Ric_RTP) reported 19 minutes ago

  140 of the biggest financial firms on Earth just teamed up to assassinate ONE company. The same company they helped BUILD for 7 years. BlackRock, Coinbase, Visa, Mastercard, Stripe, BNY Mellon, and Google all showed up to sign the kill order: Yesterday, a consortium of over 140 financial firms launched a new stablecoin called Open USD. The target: Circle Internet Group, the $17 billion company behind USDC. Circle stock crashed 17.5% in a single trading session and closed near $62. It is now down more than 40% in 30 days from its May high of $138. But this is NOT a story about a competitor showing up... This is about a company getting assassinated by the exact partners it depended on to survive. Here is how deep the betrayal goes: Coinbase and Circle co-founded USDC together in 2018. They built the stablecoin as partners through the Centre Consortium. In 2024 alone, Circle paid Coinbase $908 million as a distribution fee for hosting USDC on the Coinbase platform. That revenue-sharing agreement expires in August 2026. Six weeks before that renewal, Coinbase publicly signed onto a project designed to make USDC obsolete. BlackRock literally manages Circle's reserves. The world's largest asset manager has been sitting on the $73.6 billion in US Treasuries backing USDC but joined a consortium built to redirect that interest income to other partners instead of Circle. BNY Mellon is Circle's custody bank. Same playbook here. Custody by day, competitor by night. And Open USD is launching natively on Base, which is Coinbase's own blockchain. Coinbase is literally constructing the rails to replace USDC on the chain Coinbase owns. And what makes it worse: 99% of Circle's 2024 revenue came from interest earned on those Treasury reserves. That is the entire business model. Take user dollars, park them in short-term T-bills, keep the yield. Open USD's pitch to the market is a single sentence: Partners keep the yield instead of Circle. Zero minting fees or redemption fees. Almost all the interest income flows back to the 140 companies distributing the coin. Every "partner" that gave Circle its network effect just realized they had been paying Circle to do something they could do themselves. The interim CEO of Open Standard is Zach Abrams, the co-founder of Bridge, the stablecoin infrastructure firm Stripe acquired for $1.1 billion in 2024. Stripe's stablecoin acquisition is now running the coordinated hit against Circle as well. Circle's own CEO Jeremy Allaire went on the record calling USDC "the most trusted, widely adopted stablecoin globally" and welcoming the competition. That is the polite corporate translation for "our largest revenue-sharing partner just publicly announced they no longer need us." Citi projects the stablecoin market will hit $4 trillion by 2030. 140 companies looked at that number, looked at how much of it Circle was keeping, and coordinated to take it. The exchanges that gave USDC liquidity, the banks that gave USDC legitimacy, the card networks that gave USDC distribution, and the asset managers that gave USDC credibility... Every one of them spent years inside the walls before yesterday's public execution. The most successful crypto IPO of 2025 just got dismantled by the SAME names that built it. What do you think?

• 
  Budhil Vyas (@BudhilVyas) reported 20 minutes ago

  Circle ( $CRCL ) stock just had its worst day since its IPO. Down 17% in a day Here is exactly what happened: 1. A new entity called Open Standard launched a stablecoin, Open USD (OUSD) 2. 140+ companies backed it on day one — Visa, Mastercard, Stripe, BlackRock, Coinbase, Google, PayPal 3. Circle and Tether were pointedly left off the list 4. OUSD's pitch: zero fees to mint or redeem, no volume caps, and almost all reserve yield paid back to partners instead of kept by the issuer Circle keeps 100% of the interest earned on USDC's $73 billion in reserves. That's the entire profit engine. OUSD just told every payments company on that list: stop working for Circle for free. CRCL is already down more than 17% after hours of this news

• 
  Bigfather 🦣 (@bigfather23) reported 21 minutes ago

  Midas Drops Major Update: $50M Raise + Telegram Bot Shutdown @MidasRWA just closed a $50M Series A backed by Coinbase, GSR, Framework Ventures & more.The team confirmed: Telegram bot is officially shut down Points earned from the bot will not convert into tokens It was described as an experimental community feature only. TGE timeline? Product development is now the #1 priority. No near-term TGE expected. Roadmap updates likely in Q3–Q4.Airdrop still happening? Yes, it’s still planned. But allocation size, eligibility, and distribution date are still unknown. Real talk: After years of waiting, a lot of early farmers have already walked away — and honestly, it’s understandable. The funding is bullish, but the bot situation is a reminder that time spent doesn’t always equal guaranteed rewards.

• 
  Iluminary (@iLuminaryAI) reported 22 minutes ago

  MiCA is fully in force as of today, July 1. No CASP license means no legal right to serve EU clients. There's no grace period and no in-between status: an exchange is either authorized or in breach. Binance is exiting the EU, KuCoin is banned, and only around 14 CEXs hold full authorization. Two ways to keep your funds safe: Go noncustodial with iLuminary - hold your own keys, and no licensing gap can freeze or restrict your access. Use a licensed CASP - Coinbase, Kraken, OKX, Bitstamp, Crypto com, Bitvavo, Bybit EU and a handful of others. Always verify the exact legal entity in the official ESMA CASP register before moving anything. Don't wait to get locked out.

• 
  Iluminary (@iLuminaryAI) reported 23 minutes ago

  MiCA is fully in force as of today, July 1. No CASP license means no legal right to serve EU clients. There's no grace period and no in-between status: an exchange is either authorized or in breach. Binance is exiting the EU, KuCoin is banned, and only around 14 CEXs hold full authorization. Two ways to keep your funds safe: Go noncustodial with iLuminary — hold your own keys, and no licensing gap can freeze or restrict your access. Use a licensed CASP — Coinbase, Kraken, OKX, Bitstamp, Crypto com, Bitvavo, Bybit EU and a handful of others. Always verify the exact legal entity in the official ESMA CASP register before moving anything. Don't wait to get locked out.

• 
  Saeed Anwar (@saen_dev) reported 25 minutes ago

  @patrickc Stripe launching a stablecoin with Visa, Mastercard, and Coinbase is the payments move that makes every fintech startup recalculate their roadmap. The distribution advantage of launching through Stripe's existing merchant network is nearly impossible to replicate.

• 
  VIX (@VictoriaMorantX) reported 27 minutes ago

  @CoinMarketCap @JDVance is a scanner now working with Coinbase to freeze people’s assets. There’s a special place in hell for scum like you. You scanned people of billions it’s not enough. **** you.

• 
  XWIN Japan and DeFi Asset Management (@xwinfinance) reported 29 minutes ago

  📊 XWIN TREND INDEX | July 2, 2026 Overall Score: 25 / 100 •80–100: Strong Bullish Trend •60–79: Moderately Bullish •40–59: Neutral •20–39: Moderately Bearish •0–19: Strong Bearish Trend 7-Day Moving Average: 22.00 ↑ 14-Day Moving Average: 27.57 ↓ Market Direction: Moderately Bearish Although more on-chain indicators are signaling a potential bottom, persistent ETF outflows and weak institutional demand suggest that the market still lacks a convincing catalyst for a sustainable recovery. ________________________________________ Market Summary •BTC is trading around the $58,000–59,000 range. •U.S. Spot Bitcoin ETFs recorded their largest monthly outflow on record in June. •Coinbase Premium and Apparent Demand remain weak. •Citi lowered its BTC and ETH outlook due to ETF outflows and regulatory uncertainty. •Europe has officially entered the MiCA regulatory era, accelerating industry consolidation. •Tokenized equities, including Robinhood Chain, continue to gain long-term attention. •The CLARITY Act remains delayed due to negotiations over ethics provisions. •Historically, July has been a favorable month for Bitcoin, but improving demand remains essential. ________________________________________ On-Chain & Technical Trends •IBCI remains at 4.76, indicating a historical bottom zone. •Sell-Side Risk Ratio has returned to the low-risk (blue) zone. •MVRV and NUPL continue to suggest long-term accumulation levels. •The percentage of BTC held at a loss remains historically elevated. •Realized Price (~$54,000) continues to serve as a major support level. •Bitcoin has closed below its 200-week moving average, increasing technical caution. •Open Interest remains relatively low, indicating limited leverage. •Selling pressure appears to be fading, but confirmation of a trend reversal is still lacking. ________________________________________ Sentiment •Crypto Fear & Greed Index remains in Extreme Fear territory. •Current selling pressure is primarily driven by retail investors. •Long-term holders continue to show little intention to sell. •Whale accumulation remains active. •Persistent ETF outflows continue to weigh on market sentiment. •Ethereum staking has reached a new all-time high, reducing liquid supply. •Capital continues rotating toward BTC, ETH, and SOL while altcoins underperform. •Overall sentiment suggests the market is entering the late stage of the bear cycle. ________________________________________ U.S. Traditional Markets •U.S. M2 money supply continues to expand, providing medium-term liquidity support. •JOLTS job openings improved, highlighting continued labor market resilience. •U.S. equities rebounded as inflation expectations eased. •However, uncertainty surrounding future Federal Reserve rate cuts remains. •Concerns over excessive valuations in AI-related stocks persist. •Overseas investors continue to buy Japanese equities aggressively. •A strong U.S. dollar remains a headwind for Bitcoin. •Tokenized securities and stablecoins continue to gain momentum as long-term structural themes. ________________________________________ Overall Assessment Bitcoin remains in a short-term bearish environment. Record ETF outflows, weak Coinbase Premium, and the break below the 200-week moving average continue to weigh on market sentiment, while institutional demand has yet to recover. On the other hand, multiple on-chain indicators—including the Sell-Side Risk Ratio, MVRV, NUPL, and UTXO metrics—are increasingly pointing toward a historical accumulation zone. Rather than signaling a market collapse, current conditions appear more consistent with the late stage of a bear market, where a long-term bottom may gradually be forming. Key Areas to Watch Today •U.S. Spot Bitcoin ETF flows •Coinbase Premium recovery •Changes in Open Interest •Bitcoin's $54,000 Realized Price support •Recovery above the 200-week moving average •Progress of the CLARITY Act •Market impact of MiCA implementation in Europe •Bitcoin's historical July seasonality XWIN View: The market remains Moderately Bearish. While the overall score has improved slightly from 22 to 25, the declining 14-day moving average suggests that the broader trend has not yet reversed. We remain cautious in the short term but believe the market is approaching a critical long-term bottoming phase.

• 
  🇨🇦 VonRedbird (@VonRedbird) reported 30 minutes ago

  @jerallaire I really can’t help but think they’re trying to force Coinbase out. Certainly not a good sign to not be included in this momentum and group partnership

• 
  Alvarez crypto (@Alvarez__Crypto) reported 30 minutes ago

  140 companies announcing a stablecoin is not the same as 140 companies building one. Here's the test Open USD has to pass before it means anything. The distinction everyone is missing: SWIFT became critical infrastructure because every bank needed a common messaging network and had no alternative. Visa and Mastercard became global networks because issuers, acquirers, merchants, and consumers all had aligned incentives to participate. Open USD is trying to create the same network effect for programmable money. But networks are not announced into existence. They are earned. Integration by integration. Jurisdiction by jurisdiction. Use case by use case. A coalition is not a network. It is an attempt to build one. The three tests that actually matter: Test one — governance. Visa, Mastercard, Stripe, Coinbase, BNY, Google, Ripple, and 133 other companies do not want the same things. Some will prioritise merchant acceptance. Others will care about custody, compliance, FX, liquidity, or disintermediation. Some will want aggressive expansion. Others will want regulatory caution. Can Open Standard make decisions quickly enough to compete with issuer-led stablecoins — where one company makes the call — while staying inclusive enough to keep 140 partners aligned? That is the hardest governance problem in finance right now. The Paxos Global Dollar Network tried a similar model in late 2024. It has $3 billion in supply today. USDT has $145 billion. USDC has $73 billion. Consortiums can create neutrality. They can also create paralysis. Test two — regulation. Open USD complying with U.S. rules is step one. Global corporate adoption depends on how regulators in Europe, Asia Pacific, Latin America, the Middle East, and Africa treat reserves, redemption rights, licensing, consumer protection, sanctions screening, and settlement finality. The EU's MiCA framework is live but still evolving. Japan's three megabanks just launched their own yen stablecoin. 37 European banks are building Qivalis. Every jurisdiction is moving simultaneously and none of them are waiting for Open Standard to define the standard. Test three — enterprise integration. Businesses will not adopt OUSD because it is open. They will adopt it if it reduces reconciliation burden, fits into existing ERP and treasury systems, improves liquidity, and works with counterparties they already trust. That requires showing up inside merchant acquiring, payouts, remittances, working capital, FX, treasury workflows, and embedded finance. That work is not done in a press release. It is done in 18 months of integration meetings with enterprise procurement teams. The three signals to watch over the next 12-24 months: One: Real transaction volume. Not partner logos. Production payment flows. Two: Governance transparency. Board structure, voting rights, dispute resolution, reserve attestation cadence. If these are not published clearly within 90 days, the consortium cohesion is already breaking. Three: Enterprise integration depth. The moment Open USD appears inside a major merchant acquiring or treasury workflow is the moment it stops being an experiment. My read: Circle down 17.55% in one session tells you the market is pricing this as a real threat. But Circle has $73 billion in USDC supply, a $900 million annual distribution deal with Coinbase that just got complicated, and years of enterprise integration depth. Open USD has logos and a model. The model is correct. The economics are better for partners than anything Circle or Tether offers. But the model has to survive contact with 140 companies that will eventually disagree on something important. The stablecoin that wins the next decade will not be the one with the best launch day coalition. It will be the one that processes the most real transactions in the most enterprise workflows by 2027. Watch the volume. Not the press release. This analysis was shared in Alpha Hunters before the move.

• 
  paraphan (@paraphan1992) reported 30 minutes ago

  @jerallaire you issued Usdc and earned a lot of revenue on Solana but no revenue return to it, no investment back to network. When Drift was hacked, no help from your side. While, you shared part of revenue with Coinbase, they funded Base, competitor of Solana. Usdt stepped and helped with Drift case, Open Usd willing to share revenue with Solana. Life is about taking and giving not extracting.

• 
  Cyprian (@realcyprian) reported 32 minutes ago

  The market is maturing. And for it to reach a global scale, we need more stablecoins to attain that level of financial flexibility. The launch of Open USD has brought about the recent buzz on stablecoin wars. The reason been that, this is the first time a stablecoin is been launched with over 140 partners including big industries like Google, Visa, Stripe and Coinbase... But one thing makes Open USD stand out. ->𝑡ℎ𝑒 𝑎𝑏𝑖𝑙𝑖𝑡𝑦 𝑓𝑜𝑟 𝑝𝑎𝑟𝑡𝑛𝑒𝑟𝑠 𝑡𝑜 𝑟𝑒𝑐𝑒𝑖𝑣𝑒 𝑒𝑎𝑟𝑛𝑖𝑛𝑔𝑠 𝑓𝑟𝑜𝑚 𝑂𝑝𝑒𝑛 𝑈𝑆𝐷'𝑠 𝑟𝑒𝑠𝑒𝑟𝑣𝑒𝑠 That means, rev + fees (from reserve) will be distributed among protocols that integrates it. A problem that other issuers failed to tackle. 95% of Circle's revenue is from their reserve, and holders never get interest. In Q1 2026, reserve income was $653 million, up 17% YoY, driven by 39% growth in average USDC circulation even as the reserve return rate fell. However, the increasing uncertainty surrounding Circle represents a major challenge to the viability of profit-driven stablecoin models. So, if we get to see a rising demand for Open USD prior to when it becomes tradable, I believe projects will have no choice than to follow the money.