TL;DR
Binance will discontinue support for Ripple’s XRP and TUSD as margin assets, automatically converting any balances to USDT.
XRP’s price remained stable around $0.50, showing little change despite the news.
The Latest Update
The world’s largest cryptocurrency exchange disclosed that it will discontinue support for Ripple’s XRP and the stablecoin TUSD as margin assets in the Multi-Assets Mode. Additionally, the transfer-in limit for these tokens was updated to zero.
The changes will officially take effect on May 28, and any remaining XRP and TUSD balances in futures wallets will be automatically converted to USDT.
“Users are strongly advised not to add any new futures positions during the conversion period for XRP and TUSD to USDT to avoid any potential losses. Binance will not be liable for any losses for new positions during this period that may incur due to the conversion of funds,” the company warned.
Meanwhile, XRP recorded little-to-no volatility in th
We współpracy z: https://cryptopotato.com/this-binance-announcement-will-affect-ripple-xrp-traders-details/
