OKX plans to adjust the TUSD discount rate from 4:00-5:00 pm on October 17th.

According to an official announcement from BlockBeats on October 12th, in order to provide users with a better trading experience, reduce trading costs, and improve overall liquidity, OKX plans to adjust the currency discount rates for TUSD's cross-currency margin mode and combination margin mode on October 17th, 2023, from 4:00 pm to 5:00 pm. OKX stated that in the cross-currency margin account mode and combination margin mode, different currency assets in a full position can be jointly converted into the value of the US dollar and used as margin. Due to the significant differences in market liquidity of various currencies, the platform calculates the actual US dollar value of each currency at a discount in order to balance market risks.