Binance Futures to Launch PAYP USDⓈ-M Perpetual Contract

BlockBeats News, March 20 – According to an official announcement, Binance Futures will launch the PAYP/USDT stock perpetual contract on March 23 at 22:30 (UTC+8), with a maximum leverage of up to 10x. PAYP is the stock ticker for PayPay, Japan's largest cashless payment provider supported by SoftBank. PayPay officially debuted on Nasdaq on the 12th, closing up 13.5% on its first trading day. In October last year, PayPay acquired a 40% stake in Binance Japan and established a capital and business alliance with Binance Japan. The aim is to connect digital payments with cryptocurrencies, enabling users to fund purchases and withdraw earnings through PayPay Money.