PANews reported on March 3 that Binance announced that in order to comply with the latest EU regulatory requirements on stablecoins, it will adjust the use of non-MiCA (Crypto Asset Market Regulation) compliant stablecoins in the European Economic Area (EEA). The affected assets include USDT, FDUSD, TUSD, USDP, DAI, AEUR, UST, USTC and PAXG.
MiCA-compliant stablecoin trading pairs (such as USDC and EURI) and fiat currency trading pairs (such as EUR) will continue to be available and unaffected. Binance recommends that users convert their non-MiCA-compliant stablecoins (such as USDT) to USDC, EURI or EUR as soon as possible. Custody functions for non-MiCA-compliant stablecoins will still be retained, and users can deposit and withdraw these assets at any time.
The specific adjustment time is as follows:
- Spot Trading: Starting from 07:59 (UTC) on April 1, 2025, all spot trading pairs of non-MiCA compliant stablecoins will be completely delisted. Users can still sell their remaining assets through Binance Convert.
- Margin trading: Starting from 15:00 on March 27, 2025 (Beijing time), non-MiCA compliant margin trading pairs will be completely delisted, Binance will automatically convert users' related assets and liabilities into USDC and cancel all outstanding orders.
