XUSD 12% Wealth Management Activity Must Do and Not the Same as the Explosion
Binance's XUSD 12% Wealth Management Activity this time is from 1125 to 1225, a month long, with a limit of 1000. It should be in response to the neighboring bg's 5000 USDC 10% wallet wealth management activity.
This XUSD is not the same as the xusd issued by streams.
This is issued by straitsx (started in 2016), certified by the Monetary Authority of Singapore, compliant with Singapore's stablecoin regulatory framework, and is used for stablecoin payments. The main three aspects are: cooperating with mainstream exchanges for fiat deposits and withdrawals, partnering with Alipay and Grab for cross-border payments, and working with 200,000 small merchants in Singapore and Indonesia for stablecoin payments.
After looking at it, there’s nothing wrong; they don’t engage in lending at all, so there’s no decoupling. The maximum return is less than 10 dollars, just a small amount.
$IRYS
