In a strategic move to adhere to the European Union’s regulatory framework, Binance has issued an official statement regarding its operational adjustments for stablecoins within the European Economic Area (EEA). The exchange plans to phase out the use of non-MiCA (Markets in Crypto-Assets Regulation) compliant stablecoins, which includes well-known assets like USDT, TUSD, and DAI. Only compliant assets such as USDC and EURI will remain tradable, ensuring users have access to secure and regulatory-friendly trading pairs.
To facilitate this transition, Binance has urged users to exchange their holdings of non-compliant stablecoins, like USDT, for compliant options promptly. While trading pairs for non-MiCA compliant stablecoins will be fully delisted beginning March 31, 2025, custody services for these assets will remain accessible. Notably, leveraged trading pairs for non-compliant tokens will also be phased out by March 27, 2025, with Binance taking steps to automatically convert impacted assets into USDC, ensuring a seamless transition for users.