Binance contract joint margin model will stop supporting XRP and TUSD
2024-05-14 15:08:33
As per the official announcement, XRP and TUSD will no longer be supported as joint margin assets as of 14:00 on May 28, 2024 (Eastern 8th District Time). In addition, as of 14:00 on May 14, 2024, the XRP and TUSD transfer limits in the joint margin mode have been updated to zero. As of 14:00 on May 28, the remaining XRP and TUSD balances in the U-standard contract wallet will be automatically converted to USDT. The conversion ratio of XRP will be calculated based on the average price index of XRPUSDT between 13:00 and 14:00 on May 28, while TUSD will be converted at a ratio of 1:1. The entire conversion process is expected to take 24 hours.