Coinbase Schedules Automatic Migration of DAI Stablecoin to USDS in May 2026

Coinbase has officially announced the timeline for migrating the DAI stablecoin to the new USDS token on its platform. The exchange has set a specific three-day window for automatic conversion, scheduled to take place between May 4 and May 6, 2026. During this period, user balances will be updated at a 1:1 ratio, ensuring a seamless transition without any additional transaction fees. This move follows the broader evolution of the MakerDAO ecosystem, which recently rebranded to Sky as part of its strategic upgrade. The migration aims to align Coinbase's offerings with the protocol-level changes initiated by the Sky ecosystem developers. While the update is significant for DAI holders, it is viewed as a technical operational shift rather than a market-moving event.