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Binance has announced the listing of StraitsX USD (XUSD), a US dollar-backed stablecoin, and the XUSD/USDT spot trading pair will open for trading on March 19, 2025 at 11:00 AM ET.
Binance to List StraitsX USD (XUSD) with Zero-Fee Trading Promotion
To celebrate the launch, Binance is offering a zero-fee promotion for XUSD/USDT spot and margin trading pairs, allowing users to trade XUSD without paying any fees starting at 11:00 AM on March 19 until further notice.
Basic Listing Details
- New Trading Pair: XUSD/USDT
- Deposits: Available immediately
- Withdrawals: Will open on March 20, 2025 at 11:00 (estimated time)
- Listing Fee: 0 BNB
What is StraitsX USD (XUSD)?
XUSD is a stablecoin issued by StraitsX, a licensed major payment institution. It is fully backed by liquid reserve assets and is backed 1:1 with the US dollar.
Designed for seamless transactions, XUSD provides:
- Cross-border remittances
- On-chain trading and DeFi applications
- Corporate treasury management
- Investor settlements
With fast payments and a secure infrastructure, XUSD acts as a bridge between traditional and digital finance, offering stability and reliability in the evolving crypto ecosystem.
*This is not investment advice.