Binance has announced that starting March 31, 2025, it will delist trading pairs with USDT, DAI, TUSD, and other stablecoins for users in the European Economic Area (EEA). This move complies with the Markets in Crypto-Assets Regulation (MiCA), which introduces new rules for stablecoins in the EU.
Affected Assets
According to Binance’s official statement, the following stablecoins will be impacted:
- USDT (Tether);
- FDUSD;
- TUSD;
- USDP;
- DAI;
- AEUR;
- UST;
- USTC;
- PAXG.
Trading pairs with MiCA-compliant stablecoins, such as USDC and EURI, as well as fiat pairs (EUR), will remain available. Binance urges users to convert USDT and other non-compliant assets to USDC, EURI, or euros as soon as possible.
Key Dates and Changes for Binance Users in Europe
- March 27, 2025: Binance will automatically convert remaining non-compliant stablecoin balances to USDC in margin accounts and cancel all orders involving affected assets.
- March 31, 2025: All spot trading pairs with USDT and other delisted stablecoins will be removed. Buy and sell orders will be canceled within 48 hours.
- Post-March 31, 2025: Users can only sell remaining balances of delisted stablecoins via Binance Convert.
Continued Support for Storage and Withdrawals
Binance confirmed that users will still be able to store, deposit, and withdraw USDT and other affected stablecoins, but trading with them will no longer be possible.
To facilitate the transition to USDC and EURI, Binance has launched zero-fee trading promotions and bonus incentives for users adopting these assets.
Mass USDT Delisting Across Exchanges
Binance is not the only exchange adapting to MiCA regulations. Kraken, Crypto.com, and OKX have also implemented similar measures:
- Kraken will stop supporting USDT, PYUSD, EURT, USTC, and TUSD on March 24, 2025 and will fully remove these assets by the end of the month.
- Crypto.com delisted USDT and nine other stablecoins on January 31, 2025, with withdrawals available until the end of March.
- OKX was the first exchange to announce USDT delisting in Europe, informing users that trading with USDT will no longer be possible after March 31, 2025.
Related Reads:
- TRON Eliminates Gas Fees for USDT Transfers — No TRX Required
- USDT Killer? Tether Co-Founder to Launch His Own Stablecoin
This post is for informational purposes only and is not an ad or investment advice. Please do your own research making any decisions.