Binance Futures is set to launch a new USDⓈ-M perpetual futures contract for Space Exploration Technologies Corp. (Nasdaq: SPCX) on July 20, 2026, at 09:00 UTC. The contract will be settled using USD1, a stablecoin backed by former President Donald Trump.
This move expands Binance's range of perpetual futures products by adding a TradFi asset tied to a novel settlement currency. The USD1 stablecoin, associated with Trump, represents an uncommon base asset choice for perpetual contracts.
