BUSD

Binance mints 50M TrueUSD days after Paxos ordered stop issuing BUSD

Binance mints 50M TrueUSD days after Paxos ordered stop issuing BUSD

In spite of the printing of $50 million in TUSD, Zhao recently said the administrative crackdown on stablecoins in the U.S. will cause the USD-back stablecoin market to “shrivel.” Just…

Binance withdrawals and BUSD redemptions surge post Paxos crackdown

Binance withdrawals and BUSD redemptions surge post Paxos crackdown

Net surges at the digital money trade hit $788 million throughout recent hours, nonetheless, Binance told Cointelegraph that “Assets are SAFU.” Digital currency trade Binance has seen a flood of…

Stablecoins not the target in BUSD crackdown: Matrixport head of research

Stablecoins not the target in BUSD crackdown: Matrixport head of research

Crypto monetary assistance Matrixport’s head of exploration accepts controllers are not focusing on all stablecoins with the administrative crackdown on BUSD backer Paxos. Crypto monetary administrations Matrixport’s head of examination…