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Tag: $BUSD

$BUSD

What happened to BUSD and the price of cryptocurrencies?

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The recent news about the blocking of BUSD in the United States has not had a major impact on the price of cryptocurrencies. $BUSD is a stablecoin backed by US dollars, and also one of the most popular options for those looking to invest in cryptocurrencies safely. The blockade affected Paxos Trust Company -the company in charge of issuing BUSD-, and indirectly the cryptocurrency exchange platform Binance, one of the main exchanges...

$BUSD, Binance, Press release, Stablecoins

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binance - usdc

Binance will stop supporting rival stablecoin USDC

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Binance, the issuer of the world’s third-largest stablecoin, said on Monday that, beginning on September 29, it would convert customers’ holdings in USD Coin (USDC), Pax Dollar (USDP), and True USD (TUSD) into its own stablecoin (BUSD) in an effort to “improve liquidity and capital-efficiency for consumers.”, a decision that has perplexed many crypto fans. As a result of the move, the world’s largest crypto exchange...

$BUSD, $USDC, Binance, Front page, News, Stablecoins

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