Binance US, the US division of Binance, has launched buying and selling a brand new Shiba Inu pair, and the leading meme coin is now changing hands in opposition to USD. Within the tweet’s comment thread, the SHIB community expressed their delight.
Binance US has begun buying and selling SHIB/USD.
This listing comes after the alternative decided to halt trading on the KSHIB/USD pair, Kilo Shiba Inu (KSHIB). Because of the prefix, one KSHIB equals 1,000 SHIB meme tokens.
The initial plan was to delist KSHIB/USD and replace it with SHIB/USD. On February 20, all pending spot orders on the previous pair were canceled.
Binance US also added popular tokens ADA and SOL in September last year, pitting them against the second-largest US stablecoin by market cap, USDC.
Binance whale strikes tens of millions of XRP.
The renowned crypto tracker Whale Alert reported that around 16 hours ago, an unnamed whale withdrew a significant amount of XRP from the Binance exchange. This could be a purchase order later moved to a cold pocket.
The total amount transferred was 28,438,630 XRP, equivalent to USD 10,663,084.
Binance recently clashed with US regulators over its stablecoin BUSD, which it had been producing in collaboration with Paxos Belief. The US Securities and Exchange Commission claimed that BUSD was unregistered security and ordered Paxos to stop minting it.
According to U. Binance was decided earlier this week to burn 2 billion BUSD and launch the same lump of ETH-based BUSD that was used as collateral.
