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Binance Upgrades USD Solution for XUSD Transactions
Binance has announced a significant enhancement to its USD transaction services, introducing a zero-spread 1:1 exchange rate for USD to XUSD conversions. This upgrade is available to both VIP and non-VIP corporate users who have completed Know Your Business (KYB) verification, in select jurisdictions.
The new feature enables verified users to seamlessly buy and sell XUSD, USDT, and USDC using USD through SWIFT bank transfers. With a fixed 1:1 exchange rate for transaction amounts ranging from $1 to $10 million, the upgrade offers a cost-effective and stable solution for managing digital assets.
Key benefits of the upgrade include:
Zero Spread: Enjoy 1:1 USD to XUSD exchange with no additional costs.
Wide Stablecoin Access: Simplified transactions in XUSD, USDT, and USDC.
Bank-Level Security: Transactions processed through trusted top-tier banking partners.
Reliable Transfers: SWIFT integration ensures secure and efficient transfers.
Initially available in select regions, Binance plans to expand the service to additional jurisdictions over time. Corporate users interested in accessing the new USD solution must complete KYB verification. Binance encourages users to stay updated as availability broadens.
This upgrade underscores Binance’s commitment to providing a seamless, secure, and scalable experience for corporate clients engaging in USD-to-stablecoin transactions.
