Binance announced the trading start of StraitsX USD (XUSD) on March 19, 2025, while reports of FORM perpetual contract with 50x leverage remain unconfirmed.

The XUSD listing marks Binance’s continued expansion into stablecoins, though confusion remains due to unverified claims about FORM trading options and leverage specifics.

Binance Begins Trading for StraitsX USD (XUSD)

Binance has officially announced the start of trading for StraitsX USD (XUSD) on March 19, 2025. Despite attempts to verify, no valid information confirms the launch of a FORM perpetual contract with significant leverage.

Changpeng Zhao, Binance’s CEO, emphasized the importance of expanding digital dollar access with regulated stablecoins like XUSD. However, the news regarding FORM’s contract is unsupported by official channels or statements from Binance’s leadership.

Lack of FORM Trading Confirmation Spurs Market Speculation

The latest price data for StraitsX USD and Four (FORM) remains unavailable, leaving analysts speculative about the market reaction. Current market uncertainty may stabilize through the acquisition of verified data.

Financial analysts emphasize the need for verified official announcements in influencing cryptocurrency markets. Speculative reports can lead to inaccurate forecasting, impacting trading strategies and regulatory considerations.

Stablecoin Strategy Boosts Binance’s Market Influence

Binance’s listing of regulated stablecoins, such as XUSD, has historically increased market confidence and trading activity. In contrast, rumor-induced trading moves recall past incidents where unverified claims caused market volatility.

Experts advocate for careful evaluation of announcements from Binance’s official sources. Trends have shown that confirmed data from authoritative sources effectively mitigate misinformation in financial markets.

The post Binance Announces XUSD Trading, FORM News Unverified appeared first on Kanalcoin.

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Filed under: News - @ March 19, 2025 7:38 am