Dai
Binance Completes DAI to USDS Token Swap: What Changed and Why It Matters
Binance has completed its Dai (DAI) token swap, automatically converting all user DAI balances to USDS at a 1:1 ratio as the exchange fully transitions to Sky Protocol's rebranded stablecoin. New USDS trading pairs went live at 08:00 UTC on April 9, 2026, marking the end of DAI's presence on the world's largest crypto exchange.
DAI Transition Underway as Coinbase Sets Schedule for USDS Migration
Coinbase supports the migration of the DAI stablecoin to the new USDS token, establishing an automatic conversion window that will run between May 4 and May 6, 2026. The exchange reported that user balances will be updated at a 1:1 ratio without additional fees, reflecting the evolution of the ecosystem formerly known as MakerDAO.
DAI migration to USDS begins as Coinbase outlines conversion timeline
Coinbase has outlined its plan to convert DAI to USDS, while data shows the new stablecoin is already gaining traction across the market.
