Binance has announced that, effective March 31, 2025, it will delist nine stablecoins for users in the European Economic Area (EEA) to comply with the EU’s Markets in Crypto-Assets Regulation (MiCA).
▎💸 Stablecoins to be Delisted:
• Tether (USDT)
• Dai (DAI)
• First Digital USD (FDUSD)
• TrueUSD (TUSD)
• Pax Dollar (USDP)
• Anchored Euro (AEUR)
• TerraUSD (UST)
• TerraClassicUSD (USTC)
• PAX Gold (PAXG)
▎📌 Key Details for Users:
• Spot Trading Pairs Removal: March 31, 2025, at 23:59 UTC
• Margin Trading Pairs Removal: March 27, 2025, at 07:00 UTC
• Users are advised to convert their stablecoin holdings to MiCA-compliant assets, such as USD Coin (USDC) and Eurite (EURI), before the deadline.
• Deposits Withdrawals: While Binance will continue to support deposits and withdrawals for the affected stablecoins after delisting, these coins will no longer be usable for trading or margin activities.
▎💡 Why is This Happening?
The MiCA regulation, which will take effect on December 30, 2024, establishes a stringent legal framework for crypto-assets within the EU, emphasizing consumer protection and financial stability. The European Securities and Markets Authority (ESMA) has set March 31, 2025, as the deadline for delisting non-compliant stablecoins.
▎🔥 Binance’s Compliance Strategy:
Binance is actively working to obtain a MiCA license and ensure its operations align with the new EU regulations. Users are strongly encouraged to convert or withdraw non-compliant stablecoins before the deadline to avoid any disruptions.