The move comes in response to Paxos' recent decision to stop minting new Binance USD (BUSD).
to data from Etherscan, and came two days after Binance CEO Chanpeng “CZ” Zhao mentioned in a Feb. 14 Twitter Spaces that Binance would look to “diversify” its stablecoin holdings away from BUSD.
crypto community members have questioned whether the real issue at hand is about stablecoins or BinanceThis is an excellent point. Paxos has been specifically targeted for BUSD, but not their own Pax dollar.It's almost as if a co-conspirator of Binance is informing on them.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Binance Swaps Out BUSD in SAFU Fund for TUSD & USDT | Binance SupportAs Paxos will no longer be minting new BUSD, Binance has swapped the BUSD in the SAFU Fund for TUSD & USDT. This change will have no impact on users, and the funds remain on publicly verifiable addresses. Funds are SAFU.
Read more »
Binance Talks AI & Web3 | Binance LiveWe're now live with BinanceTalks AI & Web3 Watch to win your share of $1000! How to win: 🔸 RT this tweet 🔸 Watch using the link below 🔸 Reply to this tweet with your learnings We'll pick the 10 most in-depth replies to win! Watch here ➡️
Read more »
Binance Will Delist HNT, WABI on 2023-03-24 | Binance SupportThis is a general announcement. Products and services referred to here may not be available in your region. Fellow Binancians, At Binance, we periodically review each digital asset we list to ensur...
Read more »
Binance Build – Mar 15, 2023 | Binance BlogThe third edition of our BinanceBuild blog is now live! Updates from the last two weeks include: 🔸 Customisable trading charts 🔸 New AI-powered NFT profile picture generator: Bicasso 🔸 Earn history on the coin's details page. Discover the rest ⬇️
Read more »
New Cloud Mining Products Launched (2023-03-16) | Binance SupportFellow Binancians, Binance is launching a new batch of Cloud Mining products for BTC mining . Users may now complete subscriptions to Cloud Mining products to purchase hashrates, and start accum...
Read more »
How To Claim Your Official Weeknd Souvenir NFT | Binance BlogBinance is proud to be partnering with award-winning artist The Weeknd on his After Hours Til Dawn tour. In this article, we look at how to claim the Souvenir NFTs from his global tour, and explain to fans new to crypto how best to learn about the space.
Read more »