Binance has announced the upcoming listing of StraitsX USD (XUSD), a Singapore-based stablecoin, on March 19, 2025, at 08:00 UTC.
Key Highlights:
Zero-Fee Trading: Enjoy zero trading fees on the XUSD/USDT pair from the launch date, making transactions more cost-effective.
Stable and Secure: Each XUSD token is fully backed 1:1 by U.S. Dollar reserves, ensuring stability and reliability.
Seamless Integration: XUSD facilitates quick, 24/7 transactions across networks globally, supporting cross-border remittances, DeFi applications, on-chain trading, and corporate treasury management.
Important Dates:
Deposits Open: March 19, 2025, at 08:00 UTC.
Withdrawals Available: Starting March 20, 2025, at 08:00 UTC.
This strategic move by Binance underscores the growing significance of stablecoins in the crypto market. With its robust backing and integration capabilities, XUSD is poised to offer users enhanced trading and financial management options.
Stay tuned for more updates as we continue to monitor this development