MiCA stablecoin delisting evidence kit

I found no product that does what this opportunity describes. Nothing I found scans every product surface of a platform for unauthorised stablecoins, including earn products, payout routes and third-party integrations, and then runs customer notices and conversion and builds a regulator evidence pack. The nearest vendors fall into two groups. Crypto Risk Metrics provides asset-level listing and delisting data. Elliptic and Scorechain are AML and analytics platforms that cover MiCA in general. There is a timing problem, though. Binance, Coinbase, OKX and Revolut already handled their USDT delisting in-house during 2024 and 2025, and the MiCA transitional period ended in July 2026. The one-off big-bang delisting market is mostly over, and the biggest buyers did it themselves. A new entrant could still win in two places. The first is the long tail of smaller CASPs, neobanks and fintechs that offer crypto through brokers or embedded partners. They often can't see where a stablecoin shows up inside a partner's earn product or payout rail, and they need repeatable evidence for their national regulator. The second is ongoing, event-driven compliance rather than one-off cleanup. ESMA's EMT register changes weekly and keeps withdrawn authorisations with effective dates. Each new authorisation or withdrawal, a new EMT issuer, or a stablecoin falling out of compliance will set off the same scan, notice, conversion and evidence cycle again. The main risk is that the incumbents add this. Analytics vendors like Elliptic could add a stablecoin-authorisation exposure module, and compliance data vendors like Crypto Risk Metrics could add workflows on top. So the defensible part is probably the multi-surface crawling, the third-party integration mapping and the evidence-pack generation, not the register data itself.

• Crypto Risk Metrics (MiCAR listing and delisting compliance)

  The closest product I found. It's a data and compliance tool that helps CASPs meet MiCA Title V listing and delisting rules and keeps monitoring listed assets. It works at the asset-data level. It doesn't crawl a platform's own product surfaces such as earn or payouts, and it doesn't convert balances.

• Elliptic (MiCA guidance and blockchain analytics)

  A large analytics vendor. Its MiCA material treats listing and delisting criteria and stablecoin due diligence as controls, and it links risk signals to actions like listing reviews, pauses and delistings. It's positioned around AML and KYT rather than as a delisting evidence kit, but it could build adjacent features.

• Scorechain (MiCA compliance)

  A blockchain analytics and compliance platform for CASPs. It covers AML monitoring, reporting automation and risk rules under MiCA. I found nothing specific to stablecoin authorisation exposure or balance conversion.

• Binance Convert (in-house)

  Binance delisted USDT, FDUSD, TUSD, DAI and others for EEA users and sent them to its own Convert tool. This shows that big exchanges build the conversion step themselves.

• OKX Europe USDT-to-USDC one-way conversion (in-house)

  An in-house one-way USDT deposit-and-convert route to USDC across EU and EEA countries. It's another example of a large platform building conversion itself, and it also takes in USDT from other platforms' users.

• Coinbase EEA stablecoin restriction (in-house)

  Coinbase restricted services for EEA users on non-compliant stablecoins by the end of 2024 using its own process. This confirms that tier-one exchanges have already done this work internally.

• ESMA interim MiCA register (data source)

  Not a competitor. It's the official source for the authorised stablecoin (EMT) list: CSV files updated weekly that were due to move into ESMA's IT systems in mid-2026. Any scanner would depend on this data and on national registers.

Checked 2026-10-09