Crypto
Binance’s BUSD Was Once a Top Stablecoin, But Now Rendered Obsolete by Regulations
Following the demise of BUSD, both USDT and USDC gained more inflows than other alternatives combined.
Total Stories
7
News
BUSD
Section
BUSD
Crypto
Binance to Swap BUSD Held in User Protection Fund for USDT and TUSDT
Binance said it replaced its BUSD assets in the SAFU fund with USDT and TUSD.
Market Analysis
Coinbase to Suspend BUSD Trading on March 13th
Coinbase announced that it will suspend BUSD trading in March as the stablecoin no longer fulfills its listing.
Policy
Paxos Strongly Disagrees With SEC on BUSD, Willing to “Vigorously Litigate”
Paxos recently confirmed it had received a Wells notice from the SEC and stated it is willing to fight the allegation that BUSD is a security.
Policy
BUSD Issuer Ordered to Stop Minting New Tokens: Report
New York financial regulator has ordered Paxos to stop issuing the dollar-pegged BUSD.
Crypto
Binance Addresses Reported Failure to Properly Back BUSD
After it was reported that BUSD was undercollateralized by as much as $1 billion in the past, Binance offered its explanation for the previous discrepancies—and detailed…
Crypto
Binance to Auto-Convert Several Stablecoins to its Own BUSD
The conversion rate for affected stablecoins will be 1:1.