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.
Original source
Read on DecryptRelated market context
Crypto exchanges are opening a two-front war for the stock market
Binance, Kraken, Bybit, and Gemini are moving to add US stocks and ETFs to their crypto trading apps, making a direct play for the...
Ripple chases AI’s machine economy as XRPL stablecoins near $1 billion
Stablecoin liquidity on the XRP Ledger (XRPL) has nearly doubled over the past month, putting the network within reach of a $1 bil...
Coinbase Teases Next Phase of ‘Everything Exchange’ for Crypto, Stocks, Perps
Coinbase is teasing the next phase of its Everything Exchange vision built around one account for crypto, stocks, ETFs, cash, perp...
Kraken Adds USDCx Support On Canton As Institutional Stablecoin Rails Expand
TL;DR Kraken says it now supports USDCx deposits and withdrawals on the Canton Network. USDCx is described as a Canton-native stab...
Bitcoin Trader Says Retail Will Return After A Sudden 20% BTC Candle
TL;DR X trader Cup says Bitcoin may be in a quiet accumulation phase before a larger move. The post claims retail traders could re...
Rob Hadick Warns Tether and Circle Face Rising Pressure From New Stablecoins
Dragonfly General Partner Rob Hadick believes stablecoins are entering a new phase. While USDT and USDC remain dominant today, he...