Binance bStocks pass xStocks as second-largest tokenized stock issuer
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Binance will add 10 new bStocks tokenized securities as collateral.
According to BlockBeats, on July 7th, Binance's cross margin-margin, unified account, and unified account professional versions will add 10 bStocks tokens as eligible collateral assets at 21:30 (UTC+8) on July 7th, 2026: Alphabet (GOOGLB), Qualcomm (QCOMB), Coinbase (COINB), State Street SPDR S&P 500 ETF Trust (SPYB), Western Digital (WDCB), Corning (GLWB), Nebius (NBISB), Semicon Bull 3X ETF (SOXLB), Roundhill Memory ETF (DRAMB), and Cerebras (CBRSB). The corresponding bStocks trading pairs will also open for leveraged trading. Eligible users will then be able to use these bStocks tokens as margin collateral to expand the collateral options for margin trading.
Binance will launch 10 bStocks trading pairs.
According to Mars Finance, Binance will launch 10 bStocks tokenized security trading pairs on July 7, 2026 at 21:30, including Cerebras (CBRSB), Coinbase (COINB), Roundhill Memory ETF (DRAMB), Corning (GLWB), Alphabet (GOOGLB), Nebius (NBISB), Qualcomm (QCOMB), Semicon Bull 3X ETF (SOXLB), State Street SPDR S&P 500 ETF Trust (SPYB), and Western Digital (WDCB), and will also enable its spot algorithmic trading bot service. The zero-order fee promotion for these trading pairs will last until September 1, 2026 at 07:59.
Mantle's third tokenized stock, Bending Spoons (BSPx), has officially launched.
According to Foresight News , following the listings of SPCXx and USPXx within weeks of their public offerings, BSPx has officially launched on Mantle. BSPx represents the tokenized stock of Bending Spoons, which owns brands such as WeTransfer, Vimeo, Evernote, and AOL. BSPx is issued by xStocks and is already available for trading on Fluxion. BSPx trades through Fluxion's hybrid infrastructure, where its Atomic RFQ mechanism anchors to real-time market quotes during trading hours to support pricing; meanwhile, the AMM execution mechanism ensures that trading continues uninterrupted after the market closes. BSPx is the third tokenized stock to launch on Mantle in less than a month. SPCXx launched on June 19th, and USPXx on June 23rd. Mantle states that this makes it one of the first L2 networks to be able to tokenize newly listed stocks and bring them on-chain at a traditional market listing pace. Foresight News previously reported that xStocks' xPoints are now available on Mantle. Simultaneously, the Mantle DEX Fluxion is offering an additional 1 million Fluxion Points as a reward to users. Therefore, every eligible BSPx trade can participate in both reward programs: earning xPoints (the native xStocks reward) and sharing an additional 1 million Fluxion Points based on trading volume and liquidity contribution. This reward covers the entire xStocks asset portfolio, including TSLAx, NVDAx, AAPLx, METAx, GOOGLx, MSTRx, SPCXx, USPXx, and BSPx.
Tether burned 2.5 billion USDT on Ethereum in a single day, the largest single-day destruction since February.
According to Mars Finance, on July 8th, CryptoQuant, citing on-chain data analysis, reported that on July 7th, the Tether Treasury burned $2.5 billion worth of USDT on the Ethereum network, the largest single burn on the network since February this year. This surpasses the $2 billion burn on May 8th and is second only to the historical high of $3.5 billion on February 10th. Simultaneously, the USDT balance flowing in and out of Binance via the Tron network fell to approximately $806 million, the lowest level since December 29th, 2025 ($391 million), falling below the $1 billion mark, indicating a significant contraction in USDT liquidity through the Binance Tron channel. While the large-scale burn by the Tether Treasury primarily reflects redemptions, fund management, or cross-chain rebalancing operations, it is not a direct market signal. However, the simultaneous contraction in Ethereum supply and Binance Tron liquidity warrants continued monitoring to see if the trend of synchronized tightening of liquidity in both stablecoin chains continues.
Binance stock trading will be suspended on July 11 to support system upgrades for partner brokers.
According to Foresight News , Binance announced that due to a system upgrade by its partner brokerage, stock trading will be suspended from 18:50 to 23:30 (Beijing time) on July 11, 2026. During this period, users will be unable to place orders. Service will be automatically restored after the upgrade is completed, but the actual downtime may be adjusted.
Binance will support a planned upgrade to its stock trading service on July 11.
PANews reported on July 8th that, according to an official announcement, Binance stock trading will be temporarily unavailable due to a planned system upgrade by a partner broker. Users will be unable to submit stock trading orders during the upgrade period. The system upgrade will take place from 18:50 to 23:30 on July 11, 2026 (UTC+8).