On March 17th, COINOTAG reported that Binance, a prominent player in the cryptocurrency exchange sector, will officially launch the listing of StraitsX USD (XUSD) on March 19, 2025, at 16:00 (UTC+8). The introduction of the XUSD/USDT trading pair is set to enhance liquidity for traders seeking stability in the volatile crypto market. In a strategic move to attract users, Binance will also initiate a zero fee trading event, applicable to both XUSD spot and margin trading pairs. This initiative aims to promote trading activity amidst ongoing market fluctuations and will remain in effect until the specified date or an official update is released. Notably, XUSD represents a stablecoin that is pegged to the US Dollar and is issued by StraitsX, a licensed and recognized payment institution, thus ensuring a reliable option for crypto investors.
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