Binance Will Expand Zero-Fee Trading on TrueUSD after Minting $1B of TUSD
Binance crypto wallets hold some 90% of TUSD’s $3.1 billion market cap, according to blockchain data by Arkham Intelligence.
Crypto exchange Binance will expand its zero-fee trading promotion to all trueUSD () trading pairs starting June 30, the firm announced on Wednesday.
The said that traders will benefit from zero maker fees with all TUSD spot and margin trading pairs, expanding the promotion from the bitcoin ()-TUSD pair. Users will also be able to exchange the stablecoins without fees during the promotional period.
The action followed Binance minting some $1 billion TUSD on the Tron network last week, by Arkham Intelligence shows.
The development comes at a turbulent period for the world’s largest crypto exchange as it faces lawsuits and regulatory scrutiny in multiple countries. The U.S. Securities and Exchange Commission (SEC) Binance, its CEO Changpeng “CZ” Zhao, and for violating federal securities laws.
French authorities are investigating the company for “aggravated money laundering." The exchange will also the Netherlands after failing to obtain a license and also applied to to operate in the U.K. and to with Cyprus' securities regulator.
The maneuver also signals Binance’s intention to TUSD trading on its platform. The token is the on the market, and it’s issued by crypto firm ArchBlock, previously known as TrustToken. In 2020, a little-known Asian conglomerate Techteryx the intellectual property of the token from TrustToken.
allege that crypto billionaire and Tron founder might be behind TUSD, but the issuer denied allegations.
Binance started to promote TUSD on its platform after New York state regulator’s issuer Paxos to mint Binance-branded stablecoin in February. Now, the exchange’s crypto wallets hold at least 90% of the stablecoin’s $3.1 billion total market capitalization, according to Arkham .
Edited by Parikshit Mishra.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
SOL Price Forecast and Solana's Market Strength in Late 2025: A Two-Factor Assessment
- Solana (SOL) faces pivotal 2025 juncture with Fed easing and blockchain upgrades driving price resilience. - Fed rate cuts and $421M institutional inflows via ETFs (e.g., REX-Osprey) boost crypto adoption amid low yields. - Firedancer/Alpenglow upgrades cut validator costs by 80%, enabling 100-150ms finality and $10.2B DeFi TVL growth. - $133 support level and bullish TD Sequential signals suggest $150-$165 target by year-end despite inflation risks.
The Federal Reserve's Change in Policy and Its Effects on Rapidly Growing Cryptocurrencies Such as Solana
- Fed's 2025 rate cut and QT halt injected $72.35B liquidity, briefly boosting crypto markets and Solana (+3.01%) amid easing monetary policy. - Prolonged US government shutdown and $19B October liquidation event exposed crypto's liquidity risks, despite Fed support for speculative assets. - Solana saw $3.65B trading volume but 6.1% price drop in November, with TVL falling 4.7% as regulatory pressures and macro volatility offset institutional inflows. - SIMD-0411 proposal aims to reduce Solana issuance by
LUNA Rises 42.62% Over the Past Week Amid Ongoing Legal Developments in the Terra Ecosystem
- Terra's LUNA token surged 42.62% in 7 days amid ongoing legal proceedings against co-founder Do Kwon. - Prosecutors seek 12-year prison sentence for Kwon over 2022 Terra collapse, which triggered $40B market losses. - LUNA Classic and LUNC rose 70-130% as investors view legal drama as catalyst for renewed Terra ecosystem interest. - Kwon's guilty plea and sentencing hearing on Dec 11 could shape market sentiment, though pardon odds remain at 2%. - "Bankruptcy concept coins" like USTC and FTT also surged,
Bitcoin’s Latest Price Swings and Institutional Outlook: Managing Uncertainty in an Evolving Cryptocurrency Environment
- Bitcoin's 40% November 2025 price drop highlights volatility challenges despite growing institutional adoption and regulatory clarity. - 55% of hedge funds now hold Bitcoin as strategic inflation hedge, driven by ETF approvals and $3 trillion institutional asset unlocking. - Macroeconomic correlations (S&P 500 at 0.48) and Fed policy shifts demonstrate Bitcoin's evolving role as macroeconomic barometer. - 72% of institutions adopted advanced risk frameworks in 2025, emphasizing AI monitoring and regulato
Trending news
MoreCrypto prices
More
