Binance contracts will stop supporting USDP as a co-margined asset
According to BlockBeats news, on March 4, the Binance contract will support FDUSD as a joint margin asset from 17:00 on March 8, 2024, and will stop supporting USDP at 14:00 on March 14, 2024 (Eastern Eighth District time) As a joint margin asset.
Due to the above changes, the USDP transfer limit under joint margin mode has been updated to zero. After 14:00 on March 14, 2024, the remaining USDP balance in the U-based contract wallet will be automatically converted to USDT at a ratio of 1:1, and the conversion process will take approximately 24 hours. Please note: Conversions may not appear in transaction history.