Binance, a leading crypto exchange, announced the inclusion of StraitsX USD (XUSD) and Four (FORM) to expand stablecoin and token offerings by March 19, 2025.
Binance Expands with XUSD and FORM Listings
Binance announced the addition of [StraitsX USD](https://www.straitsx.com/blog-post/straitsxs-xusd-marks-first-anniversary-with-unprecedented-growth-expanding-utility-and-global-reach) (XUSD) and Four (FORM), aiming to widen its stablecoin and token variety. The listing includes a FORM 1-50x leverage perpetual contract, effective at 16:00 (UTC+8). CEO Changpeng Zhao expressed enthusiasm for the expansion of asset offerings.
Market Set to See Diversity and Increased Liquidity
The market anticipates these listings, potentially increasing Binance's user transactions and diversifying portfolios. Introducing new stablecoins often enhances market liquidity and usability. International users anticipate using enhanced payment methods, expanding their investment opportunities. The multipliers and leverage options appeal to advanced traders seeking added flexibility.
Listing History Points to Potential Volatility
Previous listings caused notable traffic spikes on Binance, reflecting user engagement with new products. These events often lead to short-term market volatility as users adjust strategies. Experts indicate that such moves can improve trading volumes, citing historical precedents. Changpeng Zhao's leadership is expected to maintain Binance’s competitive edge in the crypto industry.
The listing of StraitsX USD (XUSD) and Four (FORM) represents a strategic move for Binance to strengthen its offerings. It's expected to encourage liquidity growth and market diversification, enhancing the platform's position in the industry.
