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BUSD Depegs From Rival Stablecoin Tether After New York Regulator Tells Paxos to Stop Minting New...
CoinDesk via Yahoo Finance· 1 year agoBinance's dollar-pegged stablecoin BUSD turned volatile in the wake of regulatory action against its...
Binance Announces Phased Transition From BUSD, Supports Conversion to New Stablecoin FDUSD
CoinMarketCap via Yahoo Finance· 9 months agoBinance Announces Phased Transition From BUSD, Supports Conversion to New Stablecoin FDUSD Binance,...
Binance stablecoin in peril as U.S. regulators force Paxos to stop issuing BUSD
Fortune via Yahoo Finance· 1 year agoOn Monday, the New York-based Paxos announced that it will end its partnership with the crypto giant...
Binance to 'Gradually' End Support for BUSD Products
CoinDesk via Yahoo Finance· 9 months agoCryptocurrency exchange Binance said it will "gradually" end support for its BUSD stablecoin, removing it from spot and margin trading pairs. Users have...
Binance Admits to Problems With Its BUSD Peg
Decrypt Media via Yahoo Finance· 1 year agoBinance, the world’s largest crypto exchange, admitted Tuesday to flaws in its system that left its supply of Binance Smart Chain BUSD—one of the...
Paxos to Stop Minting Stablecoin BUSD Following Regulatory Action
CoinDesk via Yahoo Finance· 1 year agoCORRECTION (Feb. 13, 2023, 16:10 UTC): Stablecoin issuer Paxos will stop minting new Binance USD...
Binance USD Stablecoin Sees $2B Reduction in a Month Amid Token Mismanagement
CoinDesk via Yahoo Finance· 1 year agoBUSD’s circulating supply fell to $15.4 billion on Wednesday, paring down $1 billion over the past...
BUSD Stablecoin Temporarily Plunges to 20 Cents on Binance
CoinDesk via Yahoo Finance· 1 year agoBinance USD (BUSD), the third-largest stablecoin by market cap, quickly dropped to a low of 20 cents...
Binance aggressively converted rivals’ stablecoins in a massive cash grab. It didn’t always tell its...
Fortune via Yahoo Finance· 1 year agoSince emerging as the world's largest crypto exchange five years ago, Binance has made...
Aave Advances Plan to Nix Borrowing, Lending of Binance’s BUSD Stablecoin
CoinDesk via Yahoo Finance· 1 year agoDecentralized lending protocol Aave moved closer to delisting troubled stablecoin BUSD Thursday...