List of Flash News about Binance USD1 listing
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03:35 |
Binance Lists USD1 Token After $2 Billion MGX Investment: Trading Opportunities and Market Impact
According to Ai 姨 (@ai_9684xtpa), Binance has officially listed the USD1 token, following similar moves by HTX and MEXC. This decision comes as MGX's $2 billion investment will be settled using USD1, highlighting growing institutional adoption of the stablecoin. Traders should note that Binance's listing is expected to boost liquidity and trading volumes for USD1, potentially offering new arbitrage and hedging strategies across multiple exchanges. The integration of USD1 by major exchanges signals increasing competition in the stablecoin sector, which may impact overall crypto market volatility and capital flows. (Source: Ai 姨 on Twitter, May 22, 2025) |