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Category Binance USD

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Binance to End Support for BUSD Stablecoin, Remaining Balances Converted to FDUSD

Binance to End Support for BUSD Stablecoin, Remaining Balances Converted to FDUSD

Binance ends BUSD support and transitions to FDUSD stablecoin after regulatory troubles. Image by maurice norbert, Adobe Stock. Major cryptocurrenc...
Nov, 29, 2023
2 min read
by Cryptonews
BUSD supply drops below $2B following regulatory controversies

BUSD supply drops below $2B following regulatory controversies

The supply of Binance’s USD (BUSD) stablecoin has declined by more than 90% to under 2 billion after peaking at an all-time of nearly 23 billion in...
Nov, 07, 2023
2 min read
by CryptoSlate
Binance Faces Aggravated Money Laundering Charges In France, Key Figure Departs

Binance Faces Aggravated Money Laundering Charges In France, Key Figure Departs

In a recent development, Binance, the world’s largest cryptocurrency exchange, is facing serious allegations of “aggravated money laundering” in Fr...
Oct, 18, 2023
3 min read
by Bitcoinist
Binance.US Halts Dollar Withdrawals Amid SEC Lawsuit

Binance.US Halts Dollar Withdrawals Amid SEC Lawsuit

Binance.US, the United States-based unit of cryptocurrency exchange Binance, has recently suspended dollar withdrawals from its platform. This move...
Oct, 17, 2023
2 min read
by Bitcoinist
What Are Stablecoins? A Simple Explanation of the Digital Asset Bridging Crypto and Fiat

What Are Stablecoins? A Simple Explanation of the Digital Asset Bridging Crypto and Fiat

Stablecoins occupy a unique space within the realm of finance, straddling the worlds of traditional and cryptocurrency finance. These digital asset...
Sep, 10, 2023
4 min read
by Bitcoin News
A closer look at the changes in stablecoin supply as TUSD gains on market

A closer look at the changes in stablecoin supply as TUSD gains on market

While most crypto market analyses predominantly focus on Bitcoin and Ethereum, given their stature as the two largest and most influential cryptocu...
Sep, 08, 2023
3 min read
by CryptoSlate
Binance-backed BUSD circulating supply drops to less than $3B

Binance-backed BUSD circulating supply drops to less than $3B

The circulating supply of Binance USD (BUSD) has fallen to $2.8 billion, marking its lowest point since early 2021, when the stablecoin was still r...
Sep, 04, 2023
2 min read
by CryptoSlate
BUSD Falls to Fifth Among Stablecoin Leaders; TUSD and FDUSD Supplies Surge in a 3-Day Span

BUSD Falls to Fifth Among Stablecoin Leaders; TUSD and FDUSD Supplies Surge in a 3-Day Span

The stablecoin landscape witnessed a shifting dynamic this week, with the once fourth-largest stablecoin, binance usd (BUSD), relinquishing its pos...
Sep, 03, 2023
2 min read
by Bitcoin News
SEC’s Classification of So-Called Crypto Securities Amounts to $98 Billion in Combined Value

SEC’s Classification of So-Called Crypto Securities Amounts to $98 Billion in Combined Value

Throughout the last year, the U.S. Securities and Exchange Commission (SEC) has identified numerous crypto assets as securities in cases involving ...
Jul, 19, 2023
2 min read
by Bitcoin News
DAI Emerges as Third-Largest Stablecoin, Overtaking BUSD in Market Capitalization

DAI Emerges as Third-Largest Stablecoin, Overtaking BUSD in Market Capitalization

Makerdao’s DAI stablecoin is now the third-largest stablecoin by market capitalization, surpassing Binance USD (BUSD), which has officially decline...
Jun, 16, 2023
2 min read
by Bitcoin News

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