Binance Inches Closer to Discontinuing BUSD Stablecoin

2024-1-5 16:45

Binance is moving closer to discontinuing its BUSD stablecoin, converting eligible users' BUSD token balances to FDUSD, marking a shift in its stablecoin strategy. The post Binance Inches Closer to Discontinuing BUSD Stablecoin appeared first on BeInCrypto. origin »

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stablecoin busd binance discontinuing closer inches strategy

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Источник: beincrypto.com

stablecoin busd → Результатов: 126

Controversy around BUSD drives calls for decentralization

An account named @frxresearch recently proposed that the cryptocurrency exchange Binance develop its own decentralized stablecoin, similar to DAI.

2023-2-14 21:40
binance develop exchange cryptocurrency own dai similar

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Circle’s USDC issuance falls 3 billion from Binance stablecoin conversions

Circle attributed its miscalculated financial projections to Binance implementing USDC to BUSD auto-conversions and the recent collapse of FTX.

2022-11-17 09:21
circle binance usdc auto-conversions busd implementing collapse

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Binance USD (BUSD) To Spark The Second Great Stablecoin War With USDT — FTX CEO

Stablecoins, which are often referred to as the backbone of the industry, may soon experience a “second great stablecoin war” fought by market leader USD Tether (USDT) and fast-rising Binance USD (BUSD).

2022-10-26 23:11	USDT
usd war binance stablecoin usdt great busd

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What USDC's diminishing dominance on Ethereum means for the stablecoin

According to a new Messari report, USDC was observed to be losing traction in the stablecoin market. BUSD on the other hand, was witnessing some growth. With new coins entering the stablecoin market aThe post What USDC's diminishing dominance on Ethereum means for the stablecoin appeared first on AMBCrypto.

2022-10-18 05:30	News
stablecoin usdc market new diminishing dominance means

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What Bitcoin whales and Binance have in common should concern investors

Bitcoin [BTC] whales seemed to have decided on relegating other stablecoins with their current preference for the Binance stablecoin, BUSD. According to Mignolet, a CryptoQuant analyst, on 27 SeptThe post What Bitcoin whales and Binance have in common should concern investors appeared first on AMBCrypto.

2022-9-30 03:30	BTC Trading View
binance whales bitcoin investors concern common should

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Polygon and Avalanche Now Support Binance's BUSD Stablecoin

Binance USD (BUSD), Binance’s house-own stablecoin, is now available on Avalanche and Polygon

2022-9-21 23:08
binance polygon stablecoin busd avalanche available usd

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Биржа WazirX прекращает прием депозитов в трех стейблкоинах

Индийская криптовалютная биржа WazirX вслед за Binance вводит автоконвертацию  стейблкоинов USD Coin (USDC), USDP Stablecoin (USDP) и TrueUSD (TUSD) в BinanceUSD (BUSD).

2022-9-20 09:39	делистинг
биржа usdp wazirx usd binanceusd busd coin

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Crypto Exchange WazirX to Delist USDC in Boost for Binance's Stablecoin

WazirX is delisting USDC, USDP, and TUSD and will automatically convert customer holdings into BUSD.

2022-9-20 18:32	Business
wazirx usdc tusd busd automatically convert holdings

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Crypto Exchange Binance to Benefit From Increased Supply of Its Own Stablecoin, BofA Says

The automatic conversion of other stablecoins could increase BUSD supply by $908 million, the bank said.

2022-9-10 15:23	Markets
supply stablecoins could conversion said increase bank

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Circle CEO says Binance decision to stop USDC support is good as it increases utility

Circle CEO Jeremy Allaire said Binance’s decision to convert its users’ USD Coin (USDC) holdings to its Binance USD (BUSD)stablecoin is good. The post Circle CEO says Binance decision to stop USDC support is good as it increases utility appeared first on CryptoSlate.

2022-9-7 16:30	USDT
binance circle usdc good decision ceo utility

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Binance, Issuer of Third-Biggest Stablecoin, to Stop Supporting Larger Rival USDC

Binance, the world's largest cryptocurrency exchange, has shaken up the vital stablecoin market, announcing it will automatically move customers' funds to its Binance USD (BUSD) token from alternatives including the larger USD Coin (USDC).

2022-9-6 20:33	Business
binance larger usd usdc stablecoin move customers

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Binance, Issuer of 3rd Biggest Stablecoin, to Stop Supporting Larger Rival USDC

Cryptocurrency exchange Binance is to convert its users' holdings in three major stablecoins - USDC, USDP and TUSD - into its own stablecoin BUSD.

2022-9-6 20:33	Business
stablecoin binance usdc three holdings major usdp

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SMARTLend.finance: Secure and audited stablecoin lending platform on BSC

Stake BUSD, USDT, USDC, and DAI and get stable rewards (1. 5% per day). Introducing the SmartLend Project SMARTLend is a hybrid ROI DApp project that is built on the Binance Smart Chain Network.

2022-8-4 13:15	HideCryptopanic
smartlend project chain smart introducing network day

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Paxos Trust Reveals USDP and BUSD Reserves in Challenge to Other Stablecoin Issuers

Paxos Trust became the first stablecoin issuer to reveal the composition of its reserves for Binance USD (BUSD) and the Pax Dollar (USDP). The post Paxos Trust Reveals USDP and BUSD Reserves in Challenge to Other Stablecoin Issuers appeared first on BeInCrypto.

2022-7-10 21:15
reserves paxos stablecoin busd trust usdp issuers

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Is Tether (USDT) losing the stablecoin war against USDC and BUSD

Major cryptocurrencies like Bitcoin and Ethereum can sometimes go up or down in double-digit percentages in a single day. As a result, most people associate cryptocurrencies with volatility. But some The post Is Tether (USDT) losing the stablecoin war against USDC and BUSD appeared first on AMBCrypto.

2022-6-10 15:30	News
usdt cryptocurrencies usdc busd stablecoin tether war

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Untethered: Top Stablecoin USDT Dominance Begins To Decline

Data shows the top stablecoin USDT has lost some dominance following the collapse of UST. While other coins like USDC and BUSD have observed rather sharp growth. USDT Has Shed Around $10 Billion Reserves After UST’s Collapse A stablecoin is a token whose value is pegged to another currency or commodity. The most popular such […]

2022-5-26 22:00	USDT
stablecoin usdt collapse ust dominance whose token

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BUSD: Offering a liquidity gateway across the Binance ecosystem

Stablecoins are a godsend for crypto investors, they help to counter the highly volatile nature of the crypto markets. Binance USD or BUSD is a 1:1 USD-backed stablecoin issued by Paxos on the EtheThe post BUSD: Offering a liquidity gateway across the Binance ecosystem appeared first on AMBCrypto.

2022-5-19 15:00	SPN News
binance busd crypto ecosystem across liquidity offering

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Top DeFi tokens not to miss on May 17

Beefy. Finance BIFI/USD, Maker MKR/USD, and Liquity LQTY/USD are tokens with huge potential for growth. Beefy Finance added vaults and stablecoin liquidity pools. Specifically, it introduced a quad-stablecoin liquidity pool composed of USDD/BUSD/USDT/USDC, integration with the Oasis Network, and 12 new vaults.

2022-5-17 14:14	Market Analysis
usd tokens liquidity finance beefy vaults pool

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Terra’s UST Poised For More Growth After Surpassing BUSD To Become 3rd Largest Stablecoin

Terra’s stablecoin, TerraUSD (UST), has pushed past Binance’s BUSD, becoming the 3rd largest stablecoin by market cap. The news comes as the community behind the asset continues accumulating Bitcoin to back UST.

2022-4-23 21:42	Terra
stablecoin ust 3rd largest busd terra market

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Terra [LUNA] has had a good run this week but will it continue

The DeFi chain, Terra, had a good run these last two days, with its stablecoin UST flipping BUSD to gain the position of the third biggest stablecoin. It also achieved the milestone of becoming the fiThe post Terra [LUNA] has had a good run this week but will it continue appeared first on AMBCrypto.

2022-4-21 09:30	DeFi
run terra good had stablecoin continue luna

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LUNA rallies as UST surpasses BUSD in market cap

Terra’s UST stablecoin has surpassed Binance USD (BUSD) to become the third-largest stablecoin by… The post LUNA rallies as UST surpasses BUSD in market cap appeared first on Coin Journal.

2022-4-19 10:20	Analysis
busd ust cap luna market stablecoin rallies

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Terra’s UST is now the third most valuable stablecoin

Terra’s UST is now the third-largest stablecoin by market cap behind that of Tether’s USDT and Circle’s USDC despite the fact that its trading volume pales significantly against that of Binance USD (BUSD), according to data from CoinGecko.

2022-4-19 00:00	ust
stablecoin terra ust against significantly volume trading

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Terra’s Stablecoin UST On Course To Overtake Meme King Dogecoin As LUNA Accelerates

Terra’s algorithmic stablecoin TerraUSD, otherwise known as UST, has become the third-biggest stablecoin by market capitalization after usurping Binance USD (BUSD). At the current market value, UST is close to overtaking the market’s largest meme-inspired cryptocurrency, Dogecoin (DOGE).

2022-4-18 22:36	ust
market ust stablecoin dogecoin terra busd usd

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Terra's UST flips BUSD to become third-largest stablecoin

UST market cap has surged to flip BUSD, however, its trading volumes are still only around one-fifth worth of the Binance digital dollar.

2022-4-18 08:09
busd ust around one-fifth only still worth

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BUSD: A case study for stablecoin compliance and security

Are stablecoins really stable? An in-depth case study based on the third-biggest stablecoin in the world answers the industry’s most pressing concerns.

2021-9-24 22:30	Binance
stablecoin study case third-biggest world concerns pressing

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Treasury plots stablecoin crackdown even as Tether’s dominance wanes

While Tether’s dominance has fallen to 56%, USDC and BUSD have surged to 23.9% and 10.4% respectively.

2021-9-17 05:08
tether dominance respectively fallen usdc busd surged

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Stablecoin Issuer Paxos Shares Details on PAX, BUSD Reserves

Paxos, a leading stablecoin issuer has released a thorough breakdown of its stablecoin reserves. Paxos Determined to Prove Stablecoin Reserves In a detailed blog post published yesterday, Paxos, the company in charge of the PAX and BUSD stablecoins shared details about the breakdown of its stablecoin reserves.

2021-7-22 13:00	StableCoin
stablecoin paxos reserves busd pax breakdown issuer

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Binance USD Stablecoin Market Cap Surpasses $10 Billion

Second U.S. Dollar Tether (USDT) rival joins 11-digit club: BUSD breaks into top 10

2021-7-16 18:41
11-digit joins rival club busd breaks usdt

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Binance Smart Chain Partner Receives Funds From 16 Institutions

Built on top of Binance Smart Chain, CryptoTycoon (CTT) is a monopoly game based on Binance Coin (BNB), Binance USDC (BUSD), and stablecoin Tether (USDT). With it, users can play to construct in-game buildings by rolling the dice.

2021-5-1 00:59	bnbusdt
binance chain smart users usdt tether stablecoin

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Binance to List MicroStrategy, Microsoft, and Apple Stock Tokens

In an announcement on April 26, Binance stated that it would be listing MicroStrategy (MSTR), Microsoft (MSFT), and Apple (AAPL). The MSTR/BUSD pair will be listed on April 26. The other two, also tradable in Binance’s own stablecoin, will launch on April 28 and 30.

2021-4-26 10:07	MicroStrategy
april binance mstr microsoft apple microstrategy stablecoin

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USDT, USDC, and BUSD represent 93% of stablecoin market cap

The three largest stablecoins represent a combined capitalization of $60 billion.

2021-4-13 05:46	USDT
represent three largest stablecoins capitalization billion combined

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BitPay Adds Binance’s USD-Pegged Stablecoin, BUSD To Its Merchant Payment Platform

In an announcement by BitPay, a merchants’ crypto payments processing firm, announced the addition of Binance USD (BUSD) on it platforms. Merchants will now be able to accept Binance stablecoin across the U.

2020-4-28 21:44	BitPay
binance bitpay merchants busd stablecoin usd addition

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BitPay Partners With Binance to Support BUSD Payments Around the World

Through BitPay card, Binance's stablecoin BUSD can now be used for payments in all 50 U.S. states

2020-4-28 16:30	United States
payments bitpay binance busd states used all

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Binance dominates stablecoin holdings as BUSD's market cap shoots up

The impact of the recent crypto-market crash has been significant and far-reaching, with the collective market capitalization falling from $294.93 billion on 19 February to $153.76 billion on 19 MarchThe post Binance dominates stablecoin holdings as BUSD's market cap shoots up appeared first on AMBCrypto.

2020-3-20 23:30	Trading View
market binance billion shoots stablecoin dominates holdings

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Binance stablecoin’s exponential growth shows crypto investors are flocking for safety

Binance’s BUSD has become the fifth largest stablecoin by market capitalization, as investors flock to stablecoins for safety amidst extreme volatility in both the crypto and global financial market.

2020-3-17 13:15	Stablecoins
safety binance market investors crypto stablecoin global

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Binance Issues Another $7M in BUSD Stablecoins to Boost Shattered Markets

The cryptocurrency market is still struggling to find itself after posting record losses on Thursday. Binance has decided to give it another cash injection of $7M. Binance, together with the PAX Treasury, has just issued over $7 million worth of its own stablecoin Binance USD (BUSD).

2020-3-15 11:20
binance another busd together give injection pax

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Another $10M Binance USD (BUSD) Issued to Calm Markets

Binance is expanding its own stablecoin Binance USD (BUSD). Its partner PAX Treasury has just issued another 10,000,000 BUSD. Binance continues to grow its own stablecoin BUSD with the help of the PAX Treasury.

2020-2-25 15:35
binance busd another own pax treasury stablecoin

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Binance Launches Feature for Converting BUSD into Selected Stablecoins

Coinspeaker Binance Launches Feature for Converting BUSD into Selected StablecoinsA new product offered by Binance that will allow its BUSD stablecoin to be easily converted with other stablecoins in the crypto market.

2020-1-16 17:43	USDT
busd binance stablecoins selected converting feature launches

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Binance’s NYDFS Approved USD-Backed Stablecoin ‘BUSD’ Gives Users A Zero Fee Trading Option

The top crypto exchange highlights the Binance USD backed stablecoin (BUSD) being approved by New York’s State Department of Financial Services (NYDFS). Although it has been approved since launching in partnership with Paxos, this is a reminder to traders that during volatile swings in prices, there is a zero-fee option to jump out of Bitcoin […]

2020-1-7 16:44	Binance
approved binance option nydfs stablecoin busd reminder

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Binance получила одобрение на стейблкоин BUSD от регулятора штата Нью-Йорк

Популярная криптовалютная биржа Binance получила одобрение от Управления финансовых услуг штата Нью-Йорк на стейблкоин Binance USD (BUSD), привязанный к доллару США. $BUSD — #Binance‘s USD-backed stablecoin approved by the New York State Department of Financial Services (NYDFS).

2020-1-7 17:01	Стейблкоины
binance busd штата нью-йорк получила одобрение стейблкоин

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Binance USD Stablecoin Pleases Tough New York Regulators

Binance’s USD-backed stablecoin, BUSD, has received approval from the notoriously-stringent New York regulatory body, the New York State Department of Financial Services (NYDFS). The USD-backed stable coin is directly tied to the United States Dollar on a 1:1 basis and provides users with the chance to digitize their money.

2020-1-6 13:30	binance news
new york binance stablecoin usd-backed united states

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Betreasury Blockchain Company Launches BUSD Stablecoin With 100% Reserve Ratio

The popularity of stablecoins is growing in the world of crypto. One company that has turned to stablecoins is Betreasury- a blockchain firm that wants to develop an ecosystem for financial apps. After 3 years of research, it recently launched the BUSD stablecoin.

2018-11-15 17:18	News
stablecoin stablecoins blockchain busd company apps ecosystem

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