Bitcoin Exchange Binance Announces Listing of Another USD-Backed Stablecoin! Here Are the Details

cryptonews.net 17/03/2025 - 12:10 PM

Binance to List StraitsX USD (XUSD) with Zero-Fee Trading Promotion

Binance has announced the listing of StraitsX USD (XUSD), a US dollar-backed stablecoin. The XUSD/USDT spot trading pair will open for trading on March 19, 2025, at 11:00 AM ET.

Zero-Fee Trading Promotion

To celebrate the launch, Binance is offering a zero-fee promotion for XUSD/USDT spot and margin trading pairs, allowing users to trade XUSD without paying any fees starting at 11:00 AM on March 19 until further notice.

Basic Listing Details

  • New Trading Pair: XUSD/USDT
  • Deposits: Available immediately
  • Withdrawals: Will open on March 20, 2025, at 11:00 (estimated time)
  • Listing Fee: 0 BNB

What is StraitsX USD (XUSD)?

XUSD is a stablecoin issued by StraitsX, a licensed major payment institution. It is fully backed by liquid reserve assets and is backed 1:1 with the US dollar.

Designed for seamless transactions, XUSD provides:
– Cross-border remittances
– On-chain trading and DeFi applications
– Corporate treasury management
– Investor settlements

With fast payments and a secure infrastructure, XUSD acts as a bridge between traditional and digital finance, offering stability and reliability in the evolving crypto ecosystem.

This is not investment advice.




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