Binance will remove TrueUSD (TUSD) and Alchemix (ALCX) from its VIP Loan eligible collateral asset list, the exchange announced on March 30, 2026. The delisting affects users seeking to pledge these assets as collateral for margin lending products on the platform.
The move impacts both stablecoin and governance token holders who rely on Binance's VIP lending facilities. ALCX was trading at 5.65 USDT at the time of the announcement, reflecting modest market capitalization relative to major altcoins. The delisting does not prevent users from holding or trading these assets on Binance's spot or futures markets, but removes their utility in securing leveraged positions through the VIP Loan product.
Binance has not publicly disclosed specific reasons for removing these assets from collateral eligibility. Such actions typically reflect platform risk assessments regarding asset liquidity, volatility, or regulatory considerations. Users holding TUSD or ALCX as collateral will need to adjust their positions or substitute alternative approved assets before the effective date.