Crypto.com Supports DAI to USDS Token Swap
Summary
In The Upside this announcement explains Crypto.com is supporting the DAI ($DAI) token swap and rebranding to USDS ($USDS). DAI trading, deposits, and withdrawals remain available until April 10 when they will be suspended. The 1:1 reissue to USDS is expected later and no action is required from users. A follow-up will confirm when USDS trading and transfers are enabled.
🚨 Crypto.com is supporting the Dai ($DAI) token swap and rebranding to USDS ($USDS) 🚨
- Trading, deposits, and withdrawals of DAI will remain available in the App and on the Exchange until April 10, after which they will be permanently suspended
ℹ️ A separate announcement will be made when the token migration is complete and when USDS trading, deposits, and withdrawals are enabled
💡 The 1:1 reissue of $DAI to $USDS is expected to take place at a later date. No action is required from users.
Full details 👉
https://t.co/zNFAJZLKjL
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