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Binance Will Support the TrueUSD (TUSD) Contract Swap

source-logo  binance.com 08 June 2023 08:20, UTC

Fellow Binancians,

Binance will support the TrueUSD (TUSD) contract swap on BNB Smart Chain, with the following timeline:

  • At 2023-06-12 08:00 (UTC), deposits and withdrawals of TUSD on BNB Smart Chain (BEP20) will be suspended.

  • Spot trading, margin trading, Binance Pay, VIP Loan and Simple Earn subscriptions will not be affected during the contract swap.

  • Binance will handle all technical requirements involved for all users holding TUSD in their Binance accounts.

  • A separate announcement will be made once the contract swap is complete and deposits and withdrawals of TUSD (BEP20) are open.

  • After the contract swap, old TUSD (BEP20) tokens will assume TUSDOLD as the ticker. Users who deposit TUSDOLD via the old TUSD (BEP20) smart contract will be able to swap these tokens for new TUSD (BEP20) tokens using the convert function.

  • Old TUSD (BEP20) smart contract address: 0x14016E85a25aeb13065688cAFB43044C2ef86784

  • New TUSD (BEP20) smart contract address: 0x40af3827F39D0EAcBF4A168f8D4ee67c121D11c9

  • Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.

For further information, please refer to the following:

  • TUSD Launches on BNB Chain as a Native Token

  • TrueUSD Natively Deployed Networks

Binance Team

2023-06-08

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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.

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