#CircleIPO
🏦 Binance USD ↔ XUSD Upgrade.
1:1 Exchange Rate with Zero Spread
Binance is enabling a 1:1 USD-to-XUSD exchange without any spread on transactions ranging from $1 to $10 million .
SWIFT Bank Transfers for Stablecoins
Both VIP and non-VIP corporate users (after completing KYB verification) can seamlessly buy and sell XUSD, USDT, and USDC using USD via SWIFT bank transfers .
Cost-Effective with Bank-Level Security
This new setup ensures fast, secure, and low-cost USD-stablecoin transactions, backed by trusted banking partners .
Corporate Focus & Gradual Rollout
Initially available to corporates in select jurisdictions, Binance will expand the solution to more regions based on geography .
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🔑 Why This Upgrade Matters
1. Optimized Liquidity Management
Zero spread on large transactions reduces slippage and overages.
2. Greater Institutional Access
Corporates now have a compliant way to use stablecoins at scale via USD banking rails.
3. Multi-Stablecoin Support
USD directly smooths transitions between XUSD, USDT, and USDC.
4. Improved Operational Efficiency
SWIFT transfers offer speed and compliance — better than manual conversions.
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📈 Summary Table
Feature Details
Rate 1:1 USD ↔ XUSD (no spread)
Volume $1 – $10 million per transaction
Access VIP + non-VIP corporates (KYB verified)
Stablecoins Supported XUSD, USDT, USDC
Transfer Method SWIFT bank network
Rollout Select regions → Global expansion
