India's largest crypto exchange follows Binance on stablecoins

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WazirX's decision to auto-convert dollar-pegged stablecoins to BUSD further tilts the tables for the world's current number three.

"Binance does not control or operate WazirX," according to Binance spokesperson Lily Lee. WazirX did not respond to requests for comment.USDC, USDP, and TUSD spot market pairs will be delisted on WazirX on Sept. 26, according to the company's blog post.Customers can still withdraw their stablecoins off of WazirX in those three stablecoin denominations.

: WazirX customers appear to have gotten even less notice than Binance customers, who got the news in early September.: Binance is the world's largest crypto exchange, and while its BUSD is now the third-largest dollar-pegged stablecoin behind Tether's USDT and Circle's USDC, it appears poised to close in.

 

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