Starting 25 June, all USDT trading pairs on Coinmetro will be migrated to USDG. This is a significant step in our MiCA CASP compliance journey, and we want to give you the full picture well ahead of the change.

The EU’s Markets in Crypto-Assets (MiCA) regulation sets a new standard for how crypto exchanges operate in Europe. As part of our path to full CASP (Crypto Asset Service Provider) compliance, we’re required to move away from USDT and adopt stablecoins that meet MiCA’s regulatory standards.

USDG fits that bill — and then some.

USDG is a stablecoin designed to meet the requirements of the EU's Markets in Crypto-Assets (MiCA) regulation. Here's how it differs from USDT:

It operates within a defined regulatory framework. USDG is structured to comply with MiCA, the EU's regulatory regime for crypto-assets. It is subject to the oversight, auditing, and disclosure requirements that framework entails. It is not regulated by the FCA, and UK users should be aware that MiCA is an EU framework that does not apply in the UK.

It operates within a rewards-based structure. Unlike many stablecoin issuers that retain reserve revenue internally, USDG is designed to pass rewards back to Global Dollar Network (GDN) partners based on minting, custody, and acceptance activity. Stablecoins carry risks including market, credit, operational, and regulatory risk.

It is built to meet EU compliance requirements. As MiCA becomes the operative standard across EU-regulated exchanges, USDG is designed to meet those requirements. This is relevant context for users operating in the EU; the position in the UK remains subject to FCA guidance.
For Coinmetro, this change reflects our commitment to operating within applicable regulatory frameworks and ensuring our infrastructure aligns with evolving compliance requirements across the jurisdictions we serve.

The migration happens in three batches between 25–29 June. On each date, we'll be adding the USDG equivalent of each pair and removing the USDT version. Here's the full schedule:

25 June, Wednesday:

AAVE, ALGO, ANKR, APE, APT, ATOM, AUDIO, AVAX, AXS, BAND, BAT, BCH, BLUR, BST, CHZ, COMP, CRV, CTSI, CVX, DOGE, DYDX, ENS, EQTY, FET, GALA, GRT, HBAR, HOT, IMX, KDA, KSM, LDO, LILAI, LINK, LMWR, LRC, MANA, NMR, ONDO, OP, PRO, RENDER, RPL, SAND, SKY, STORJ, SUI, S, SUSHI, TEL, TLS, TON, UNI, ARB, USDS, WLFI, WLD, WOO, XTZ, YFI

26 June, Thursday:
1INCH, CELO, ENA, ENJ, FLUX, HTR, NEAR, OCTA, POL, REACT, ALPH, QNT, RIO, SNX, TIA, THT, UNITE, XCM

29 June, Monday:
ADA, BTC, DOT, ETH, LTC, SOL, USDC, XLM, XRP

This is the most important thing to be aware of ahead of the migration: any open orders on a USDT pair — including margin positions — will be force-closed at the time of its migration.

We strongly recommend reviewing and managing your open orders before the relevant batch date. If you have open positions in the batch migrating on 25 June, make sure you’ve addressed them before that day. Same goes for subsequent batches.

Your USDT balance isn’t going anywhere. You can continue to deposit and withdraw USDT as normal throughout and after the migration.

From 29 June, we’ll also be keeping a permanent, fee-free USDG/USDT bridge pair live on the platform. That means you can convert between USDT and USDG at any time, with no fees, at your own pace. There’s no pressure to convert immediately — the bridge will always be there.

1. Check which batch your open USDT orders fall into using the schedule above.

2. Review and manage any open orders or margin positions before their migration date.

3. Don’t worry about your USDT balance — it remains accessible, and you can use the fee-free bridge to convert to USDG whenever you’re ready.

We’ll be keeping our Help Centre updated with everything you need throughout the migration. If you have questions, our support team is on hand.

Have questions? Reach out to our support team or visit the Help Centre.