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Which CEX listed USDT against USD?

Published 313 words 2 min read

TLDR

Binance listed the USDT/USD spot pair, confirmed in a Binance announcement with a zero?fee launch campaign starting 18 Nov (UTC) Binance listing notice.

  1. The launch included a zero?fee promotion for USDT/USD trading Binance listing notice.
  2. Binance also listed USDC/USD at the same time Binance listing notice.
  3. Regional restrictions apply for USD trading on Binance per the announcement Binance listing notice.

Deep Dive

1. Launch Details

Binance confirmed USDT/USD spot trading with a zero?fee promotion beginning 18 Nov (UTC). The campaign covers both maker and taker fees and enables trading bots at launch Binance listing notice.

This is notable because direct USD pairing for stablecoins is rarer than crypto?quoted pairs, simplifying fiat on?ramp usage.

What this means

Direct USDT/USD trading reduces conversion hops and may improve transparency for USD?based users.

2. USDC/USD Included

The same notice adds USDC/USD spot trading, also under zero?fee terms at launch with trading bot support Binance listing notice.

Pairing both leading stablecoins with USD broadens fiat settlement choices and could increase stablecoin market depth on the venue.

What this means

If you use USD funding, having both USDT and USDC against USD can reduce spread costs and operational friction.

3. Access Limits

The announcement flags regional restrictions and notes USD deposits via supported providers only in select regions. Users in certain countries are not eligible to trade these USD pairs Binance listing notice.

Eligibility and fiat rails matter for execution feasibility; verify account status and region support before planning USD?quoted trades.

What this means

Check your region and account verification status on Binance to confirm whether USDT/USD access is available.

Conclusion

Answer: Binance listed USDT/USD. The move adds direct fiat pairing with zero?fee launch terms and includes USDC/USD, though access depends on your region and verification status. This can streamline USD funding workflows and potentially improve stablecoin price discovery on the platform.

Educational information only. Crypto markets are volatile and this is not financial advice.


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