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Binance Expands Market with StraitsX USD (XUSD)

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by Giorgi Kostiuk

4 hours ago


Binance announced the trading start of StraitsX USD (XUSD) on March 19, 2025, while reports of FORM perpetual contract with leverage remain unconfirmed.

Launch of XUSD Trading

Binance has officially announced the start of trading for StraitsX USD (XUSD) on March 19, 2025. Changpeng Zhao, Binance's CEO, emphasized the importance of expanding digital dollar access with regulated stablecoins like XUSD. However, news regarding the FORM contract remains unconfirmed.

Speculations Around FORM

The latest price data for StraitsX USD and Four (FORM) remains unavailable, leaving analysts speculative about the market reaction. Financial analysts emphasize the need for verified official announcements in influencing cryptocurrency markets.

Binance's Stablecoin Strategy

Binance's listing of regulated stablecoins, such as XUSD, has historically increased market confidence and trading activity. Experts advocate for careful evaluation of announcements from Binance's official sources to avoid misinformation in the financial markets.

Binance continues to strengthen its market influence through strategic stablecoin expansion, though uncertainty around certain assets highlights the importance of official information.

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