Search results
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...
What New York Regulator's Crackdown on Binance USD (BUSD) Means for Investors
Motley Fool· 1 year agoThe New York State Department of Financial Services (NYDFS) has ordered crypto firm Paxos to cease...
BUSD Drama Sets Stage for Stablecoin Market Reshuffling
CoinDesk via Yahoo Finance· 1 year agoThe uncertain future for embattled stablecoin Binance USD (BUSD) is stirring discord in the...
As BUSD Dies, Tether’s USDT Soaks Up Another $1 Billion
Decrypt Media via Yahoo Finance· 1 year agoStablecoin giant Tether saw its flagship token, USDT, grow by nearly $1 billion in the aftermath of...
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...
Declining Demand for Binance's BUSD Represents New Chapter in Stablecoin Wars
CoinDesk via Yahoo Finance· 1 year agoThe largest crypto exchange’s Binance USD stablecoin endured $5.5 billion net redemptions in a month...
Paxos ordered to stop minting Binance stablecoin as SEC mulls legal action
Forkast News via Yahoo Finance· 1 year agoIn this issue Paxos: BUSD bust Kraken: Crackdown Chinese blockchain: Growing concern From the...