{"id":16168,"date":"2026-04-16T10:31:55","date_gmt":"2026-04-16T10:31:55","guid":{"rendered":"https:\/\/www.btse.com\/blog\/?p=16168"},"modified":"2026-04-16T10:31:55","modified_gmt":"2026-04-16T10:31:55","slug":"upcoming-dai-upgrade-and-conversion-to-usds","status":"publish","type":"post","link":"https:\/\/www.btse.com\/blog\/upcoming-dai-upgrade-and-conversion-to-usds\/","title":{"rendered":"Upcoming DAI Upgrade and Conversion to USDS"},"content":{"rendered":"<p><span style=\"font-family: inter; font-size: 14pt; color: #000000;\"><span style=\"font-weight: 400;\">Due to <\/span><b>DAI<\/b>\u2019s<span style=\"font-weight: 400;\"> upcoming upgrade and conversion to <\/span><b>USDS <\/b><span style=\"font-weight: 400;\">on our platform, we will disable deposits and trading for <\/span><b>DAI<\/b><span style=\"font-weight: 400;\"> on April 20, 2026. Open orders for DAI trading pairs will be automatically cancelled at this point.\u00a0<\/span><\/span><\/p>\n<p><span style=\"font-weight: 400; font-family: inter; font-size: 14pt; color: #000000;\">On April 23, DAI withdrawals will be closed at 11:00 AM (UTC+8). Convert \/ OTC services for DAI will be suspended. DAI will no longer be supported as collateral for futures trading from this point onwards, and remaining DAI used as collateral will be transferred to user spot wallets.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400; font-family: inter; font-size: 14pt; color: #000000;\">USDS deposits and withdrawals will become available on April 24 at 5:00 PM (UTC+8). DAI balances in user spot wallets will be converted to USDS at a 1:1 ratio. Please note that OTC and Convert services will remain closed.<\/span><\/p>\n<p><span style=\"font-family: inter; font-size: 14pt; color: #000000;\"><span style=\"font-weight: 400;\">More info regarding the rebranding from the Sky protocol team can be found <\/span><\/span><span style=\"font-family: inter; font-size: 14pt;\"><a href=\"https:\/\/app.sky.money\/?widget=upgrade\"><span style=\"font-weight: 400;\">here<\/span><\/a><\/span><span style=\"font-family: inter; font-size: 14pt; color: #000000;\"><span style=\"font-weight: 400;\">.\u00a0<\/span><\/span><\/p>\n<p><span style=\"font-family: inter; font-size: 14pt; color: #000000;\"><span style=\"font-weight: 400;\">For any further questions, please contact us at <\/span><\/span><span style=\"font-family: inter; font-size: 14pt;\"><a href=\"mailto:support@btse.com\"><span style=\"font-weight: 400;\">support@btse.com<\/span><\/a><\/span><span style=\"font-family: inter; font-size: 14pt; color: #000000;\"><span style=\"font-weight: 400;\">.\u00a0<\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Due to DAI\u2019s upcoming upgrade and conversion to USDS on our platform, we will disable deposits and trading for DAI on April 20, 2026. Open orders for DAI trading pairs will be automatically cancelled at this point.\u00a0 On April 23, DAI withdrawals will be closed at 11:00 AM (UTC+8). Convert \/ OTC services for DAI [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":14861,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5],"tags":[514,515],"class_list":["post-16168","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-announcements","tag-delsiting","tag-rebrand"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.4 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Upcoming DAI Upgrade and Conversion to USDS &#8212; BTSE Blog<\/title>\n<meta name=\"description\" content=\"Get ready for the conversion from DAI to USDS. Discover what to expect regarding deposits and trading changes.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.btse.com\/blog\/upcoming-dai-upgrade-and-conversion-to-usds\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Upcoming DAI Upgrade and Conversion to USDS\" \/>\n<meta property=\"og:description\" content=\"Get ready for the conversion from DAI to USDS. 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