New USDS trading pairs went live on April 9, 2026, replacing all DAI pairs, with DAI deposits and withdrawals permanently suspended and the DAI ticker removed from Binance's interface. The swap was executed at a precise 1:1 ratio, ensuring no loss of value for holders. Coinbase disabled trading for the DAI stablecoin on May 4, 2026, with send and receive support also temporarily suspended from May 4 to May 6. Any DAI remaining on the platform as of the May 4 deadline was automatically converted to USDS at a 1:1 ratio. OKX suspended DAI trading services in mid-April 2026 and performed an automatic snapshot to convert balances.