Binance to delist stablecoin trading pairs non-compliant with MiCA in EEA
Following the latest guidance from EU authorities in relation to stablecoins, Binance is making changes to the availability of Stablecoins that are not compliant with MiCA in the EEA.
Impacted assets are USDT, FDUSD, TUSD, USDP, DAI, AEUR, UST, USTC and PAXG.
MiCA compliant stablecoins pairs, such as USDC and EURI, and fiat pairs (EUR) remain available and unchanged. Binance encourages EEA clients to convert any remaining MiCA non-compliant stablecoin holdings (e.g. USDT) to USDC, EURI, or EUR at their earliest convenience.
Custody of MiCA non-compliant Stablecoins will continue and traders will be able to withdraw or deposit them at any time.
From 2025-03-31 23:59 (UTC) onwards: MiCA non-compliant Spot pairs will be fully delisted, traders will no longer be able to trade these pairs. Sale of any such remaining holdings will remain available through Binance Convert.
All pending Binance Spot orders will be cancelled within 48 hours subsequently.
From 2025-03-27 07:00 (UTC) onwards, any MiCA non-compliant Margin trading pairs will be fully delisted for EEA users.
From 2025-03-27 07:00 (UTC) onwards: For Cross Margin Classic, Cross Margin Pro, and Cross Margin (PM) accounts, Binance will automatically convert any remaining MiCA non-compliant stablecoin assets and liabilities to USDC on your behalf and cancel all pending orders for all non-MiCA compliant trading pairs. To avoid any risk of liquidation, please ensure that you complete the conversion before the deadline.
Conversion Rates to USDC
- USDT: Fixed at 1:1
- FDUSD: Fixed at 1:1
- USDP: Opening price as of 2025-03-27 (UTC)
- DAI: Opening price as of 2025-03-27 (UTC)
- AEUR: Opening price as of 2025-03-27 (UTC)
- USTC: Opening price as of 2025-03-27 (UTC)
- PAXG: Opening price as of 2025-03-27 (UTC)
From 2025-03-27 07:00 (UTC) onwards: Binance Margin will close users’ Isolated Margin positions, repay liabilities, conduct an automatic settlement, and cancel all pending orders for all non-MiCA compliant Isolated Margin trading pairs. These pairs will then be removed from Binance Margin.