Stablecoin XUSD explodes upon listing on Binance
At 15:00 on March 19, Binance listed StraitsX USD, marking an important milestone for the XUSD stablecoin in the cryptocurrency market. XUSD is trading at 0.9999 USD on Binance, matching the community's views on the strong performance of the stablecoin.
XUSD experienced a strong surge from 0.999 USD to over 1.04 USD when Binance announced the listing, attracting the attention of the community. To celebrate the event, Binance launched a zero-fee trading promotion for the XUSD/USDT pair, which will last until further notice.
This is a golden opportunity for traders to take advantage of high liquidity without worrying about costs, while also demonstrating Binance's commitment to promoting quality stablecoins.
Binance, the largest exchange in the world, not only serves as a trading platform but also as a "launchpad" for potential crypto projects. The listing of StraitsX USD strengthens Binance's position in Asia, where digital financial solutions like XUSD are becoming increasingly popular.
The event not only opens up new trading opportunities but also confirms Binance's leading role in supporting potential projects, while enhancing the position of the BNB token in the crypto industry.
StraitsX USD (XUSD) is a stablecoin issued by StraitsX, a major payment organization licensed by the Monetary Authority of Singapore (MAS). Pegged at a 1:1 ratio with the USD, XUSD aims to provide fast, efficient, and transparent cross-border payment solutions.
With a current market capitalization of nearly 32 million USD, XUSD is establishing a solid foundation to compete with giants like USDT and USDC.
