Binance has announced that it will list three new USDC trading pairs—FLUX/USDC, MASK/USDC, and SUSHI/USDC—on its spot market starting June 17, 2025, at 11:00 UTC. The exchange is also enabling Trading Bot services, such as Spot Algo Orders, for these pairs to improve user trading experience.
This move represents Binance's continued commitment to expanding digital asset options and supporting stablecoin-based trading for greater liquidity and flexibility. Users will benefit from discounted taker fees on both existing and new USDC spot and margin pairs, with no specified end date for the promotion. However, access is limited to users in eligible regions.
Following the announcement, the altcoins FLUX, MASK, and SUSHI saw price increases, with FLUX climbing 3.4% to $0.20, MASK rising 1.7% to $1.40, and SUSHI surging 7.8% to $0.66 within 24 hours. These gains align with a broader improvement in the altcoin market, including price rallies in Ethereum, XRP, Binance Coin, and Solana.
Binance remains a top global crypto exchange, boasting the largest stablecoin reserves and a matching engine capable of processing over 1.4 million orders per second. Despite competition from Coinbase—which leads in some liquidity and governance metrics—Binance sustains higher daily volumes and strong technology performance.
Historically, rises in stablecoin supply on exchanges like Binance have preceded major cryptocurrency rallies, intensifying anticipation among traders about the altcoin market's future direction.