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Binance to Phase Out BUSD Support, ‘Encourages’ Users To Convert Into Other Stablecoins

The crypto exchange will gradually end support for its native stablecoin, after Paxos halted the minting of new BUSD.

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Binance to Phase Out BUSD Support, ‘Encourages’ Users To Convert Into Other Stablecoins
The crypto exchange will gradually end support for its native stablecoin, after Paxos halted the minting of new BUSD.

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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