Tag: BUSD

In Just 6 Days, Around 3 Billion BUSD Stablecoins Have Been Withdrawn From Circulation

According to statistics, a sizeable portion of BUSD has been redeemed in the last six days, with the supply falling by 17.77% in that...

As US Regulatory Oversight Increases, 684 Million BUSD Were Burnt for Redemptions

A little more than a day after Paxos clearly refuted regulator accusations that Binance USD (BUSD) is a security, on-chain data reveals that the...

Binance will convert USDC held by users into its own stablecoin BUSD

According to a statement released on Monday, Binance, the world's largest crypto exchange by volume, will begin converting existing user balances and new deposits...