Hold on to your hats, crypto enthusiasts, because the “Binance Effect” has struck again, and it's nothing short of electrifying!
Here's the deal: The crypto giant Binance just announced it's adding StraitsX USD (XUSD) to its lineup starting March 19. Get ready because users will be able to trade XUSD/USDT with no fees right out of the gate. Talk about a sweet deal!
Now, when Binance makes a move, the market listens. XUSD shot up like a rocket, soaring 80% to hit $1.80 before cooling its jets back to its stable $1 mark. Remember, XUSD is a stablecoin, so it's pegged to the good old US dollar, keeping it nice and steady.
Binance describes XUSD as a digital powerhouse, seamlessly connecting the worlds of digital and traditional finance. It promises lightning-fast transactions and opens doors to cross-border payments, DeFi apps, corporate treasury management, and even merchant settlements.
But wait, there's more—Pi Network fans are still eagerly waiting for their moment in the Binance spotlight. Since Pi's public debut on February 20, it's been embraced by exchanges like Bitget, OKX, and MEXC. Rumor had it Binance might join the party, and a whopping 86% of its community voted in favor. Yet, Binance remains tight-lipped.
A Binance listing could boost Pi's visibility, liquidity, and maybe even its price. As of now, Pi is chilling at around $1.37, marking a 20% dip over the past couple of weeks.
So, whether you're team XUSD or rooting for Pi, it's clear the crypto world is always buzzing with excitement. Keep your eyes peeled for more thrilling updates!
