Binance expands THB trading for major coins

TLDR

Binance has added direct Thai baht spot trading pairs for major coins including XRP, SOL, ETH and BNB, while pruning low-liquidity USDC markets and expanding tokenized stock collateral.

1. Binance now offers THB spot pairs for XRP (XRP), Solana (SOL), Ethereum (ETH) and BNB (BNB), letting Thai users trade without converting into stablecoins first.
2. This strengthens local fiat access, can improve liquidity and spreads for these coins in Thailand, and is particularly relevant for XRPs cross-border payments narrative.
3. At the same time, Binance is removing several USDC pairs and adding Reddit and GoPro tokenized shares as margin collateral, so users should watch liquidity shifts and collateral rules.

Deep Dive

1. What Binance Changed

Recent updates confirm Binance has launched direct Thai baht spot markets for major coins, including XRP, SOL, ETH and BNB, giving them THB trading pairs on the exchange. Reports note that this started on 16 September 2026 and explicitly highlight the move away from forcing users through USDT or USDC as an intermediate quote asset, enabling simpler Thai baht trading pairs.

Practically, this means a user funding in THB can now buy or sell these coins in a single step, instead of first swapping THB to a stablecoin and then into the target asset. That reduces friction and can make order-routing and fee calculations more straightforward for local traders.

2. Why THB Fiat Access Matters

A direct THB corridor reduces FX and conversion costs for Thai users, which can support tighter spreads and more consistent liquidity in these markets over time. For XRP specifically, sources highlight that a direct THB gateway fits its positioning in Asian cross-border remittances, where lower friction between local fiat and XRP is strategically useful.

More broadly, expanding local fiat pairs is part of a pattern in which large exchanges compete on on-ramps and regional accessibility, not just on the number of listed tokens. Local currency markets often see different trading hours and flows than dollar pairs, which can diversify liquidity and make price discovery less dependent on US time zones.

3. Pair Removals And New Collateral

Alongside the THB expansion, Binance is removing several thin USDC spot pairs (for example QNT/USDC, BREV/USDC, COOKIE/USDC, LA/USDC) in a scheduled cleanup of low-activity markets. The underlying tokens remain tradable via other quote assets like USDT, but bots and strategies tied to the USDC pairs must be adjusted before the removal time.

Binance is also widening margin trading collateral by accepting tokenized shares of Reddit (RDDTB) and GoPro (GPROB) for higher tier users, integrating more traditional-equity exposure into the crypto stack. That can deepen leverage options for sophisticated accounts, but it also adds another layer of risk management around stock price moves feeding into crypto margin positions.

Conclusion

Binances THB expansion is a clear push toward stronger local fiat rails for major coins, while the simultaneous pruning of USDC pairs and addition of tokenized stock collateral shows the exchange optimizing for liquidity and cross-asset integration. For Thai users and for assets like XRP, SOL, ETH and BNB, the key next step is whether THB volumes grow enough to make these pairs central to regional price discovery and everyday trading.