Binance Delists XRP/TUSD Pairing Amid Low Trading Volume, Bitcoin Quantum Risk
Binance, the world's largest cryptocurrency exchange, has made a significant announcement regarding its XRP/TUSD spot pairing. The exchange will be delisting this pair due to low trading volume, effective April 2.
The decision was made as part of Binance's regular review of liquidity and trading volumes. According to data from CoinMarketCap, the 24-hour volume for XRP against TUSD is only $2,143, which is significantly lower than other pairs with major stablecoins like USDT and USDC.
This move will not impact XRP's overall market position on Binance, as the majority of its liquidity is concentrated on the USDT pair, with over $131.5 million in daily volume. However, users with active orders or bots operating specifically in the XRP/TUSD pair must migrate to other pairs within 48 hours.
In related news, Charles Edwards, founder of Caprioli Investments, has revised his predictions regarding Bitcoin's quantum security. He now estimates an 85% risk of a breach within six years, citing technical data from Google. Edwards believes that the market is already pricing in this risk, and that Bitcoin's fair value will decline further if upgrades are not implemented soon.
Meanwhile, Ripple has partnered with Standard Chartered in a $1.1 billion funding round for Keyrock, a company specializing in digital asset services. This partnership is seen as mutually beneficial, as it allows Ripple to promote the use of the XRP Ledger for tokenization and DeFi, while Keyrock can integrate XRPL into the global financial system.




