Coinbase to delist DAI — users warned to act before May 4, 2026 deadline Coinbase has announced it will stop supporting Dai (DAI) on May 4, 2026, as part of its routine asset review process. The Ethereum-based stablecoin tied to the MakerDAO ecosystem will be converted automatically to Coinbase’s USDS stablecoin at a 1:1 rate for any DAI left on the exchange after the deadline. Key details - Trading for DAI will be disabled on Coinbase.com and the Coinbase mobile app on May 4, 2026. - Send and receive support for DAI will be temporarily paused from May 4 through May 6. - Any DAI remaining on Coinbase after May 4 will be migrated to USDS at a 1:1 conversion. - Users who prefer to avoid the automatic conversion should withdraw their DAI to a compatible self‑custody wallet before the deadline. - Selected users in EEA regions will not have DAI migrated; affected customers may need to move funds before trading or transfer limits take effect. Other asset changes - Coinbase will suspend trading for Chrono.tech’s TIME token on May 11 at 2:00 p.m. ET across Coinbase Simple Trade, Advanced Trade, Coinbase Exchange, and Coinbase Prime. - Trading for TrueFi’s TRU token has already been disabled ahead of its May 10 migration deadline. Why this matters Coinbase periodically reviews listed assets to ensure they continue to meet the exchange’s standards. These delistings and migrations show the platform is actively pruning its listings even as it rolls out new products. Platform expansions and listings - On April 29, Coinbase launched perpetual futures tied to AI infrastructure and compute companies, listing markets including AMD, Arm, Intel, Micron Technology, and SanDisk. - Coinbase also added support for Gensyn and Virtuals Protocol on its main platform and mobile app. - Upcoming additions include support for MegaETH’s MEGA token, and spot trading for Wrapped Ronin was expected to go live on April 30. Bottom line If you hold DAI on Coinbase and don’t want it converted to USDS, move it to a self‑custody wallet before May 4, 2026. The deadline is the key date for stablecoin users as Coinbase continues to rebalance supported assets while expanding new products. Read more AI-generated news on: undefined/news