Cross - CROSSD Market Launch - 08 January 2026
Cross is launching the CROSSD market, shifting liquidity and settlements away from USDT pairs into CROSS-denominated markets. The team’s update states that on 8 January 2026, CROSSD goes live, USDT → CROSSD swaps are enabled, all USDT DEX pairs close, new CROSS pairs open, and any existing USDT orders are refunded, with additional detail in the linked blog post. This transition concentrates liquidity in the native ecosystem tokens, which can tighten spreads and increase on-chain trading depth, but may also trigger short-term repositioning and volatility as holders rebalance from USDT into CROSS and CROSSD.CROSSD market launch update January 8CROSSD goes liveUSDT → CROSSD swaps enabledUSDT DEX pairs close, CROSS pairs openAll existing USDT orders refundedOne update. One transition. More clarity.Read the blog: