Binance, the world’s largest crypto exchange, has declared its intention to gradually cease support for Binance USD (BUSD) across its various services. According to Binance’s blog post, this decision comes in the wake of Paxos discontinuing the minting of new BUSD tokens. Despite this, Binance assures its users that BUSD will continue to be backed […]
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Binance to Phase Out $BUSD Support, Urges Conversion to Other Stablecoins by February 2024
