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.
BTC$58,589.00-1.14%
ETH$1,571.90-0.74%
USDT$0.9986+0.02%
USDC$0.9996+0.00%
XRP$1.04-0.19%
SOL$75.01+2.07%
TRX$0.3163-0.40%
FIGR_HELOC$1.01-3.00%
HYPE$62.75-4.28%
DOGE$0.0708-2.20%
RAIN$0.0156-1.14%
USDS$0.9996+0.02%
LEO$9.21-2.99%
XLM$0.197+10.75%
ZEC$396.56+0.95%
BTC$58,589.00-1.14%
ETH$1,571.90-0.74%
USDT$0.9986+0.02%
USDC$0.9996+0.00%
XRP$1.04-0.19%
SOL$75.01+2.07%
TRX$0.3163-0.40%
FIGR_HELOC$1.01-3.00%
HYPE$62.75-4.28%
DOGE$0.0708-2.20%
RAIN$0.0156-1.14%
USDS$0.9996+0.02%
LEO$9.21-2.99%
XLM$0.197+10.75%
ZEC$396.56+0.95%
Earlier this year, TrueUSD became the fifth-largest stablecoin by market cap, propelled by its increasing role on Binance.
Binance said it replaced its BUSD assets in the SAFU fund with USDT and TUSD.
In search for a new stablecoin, Binance boosts DeFi projects.
Following the demise of BUSD, both USDT and USDC gained more inflows than other alternatives combined.
The conversion rate for affected stablecoins will be 1:1.