Binance Adds StraitsX USD to Stablecoin Listings
Main Content
Binance Confirms StraitsX USD Listing on March 17
Binance’s official announcement confirmed the listing of StraitsX USD on March 17, 2025. This move will allow users to trade XUSD against USDT on Binance’s spot market. Zero-fee trading will initially apply to XUSD trading pairs.
StraitsX USD is backed by highly liquid reserves and facilitates 24/7 payments, attracting Binance’s interest due to its alignment with regulatory compliance requirements in Singapore.
Zero Fee Trading: Binance is launching a zero fee trading event for XUSD spot and margin trading pairs, valid until March 19, 2025 at 16:00 (UTC+8) or until further notice. – Binance Official Announcement, Binance
Market Adjustments Following XUSD/USDT Trading
Immediate reactions to the listing have focused on its regulatory compliance aspects, amidst Binance’s shift toward compliant stablecoin offerings. This comes ahead of Binance’s expected delisting of non-MiCA compliant stablecoins.
Financial markets may see an adjustment as Binance users explore XUSD, especially as regulatory frameworks evolve. This listing may influence other exchanges to consider similar compliance-focused changes.
Historical Impact of Stablecoin Listings at Binance
Comparable past events include Binance’s adjustments to its stablecoin offerings. Such listings historically influence market dynamics as exchanges align with emerging regulatory standards.
Experts suggest that XUSD’s presence on Binance may support its currency stability and user acceptance, as historical data shows compliance often correlates with market trust.
