Tag: FDUSD
Binance Announces End of Support for BUSD Stablecoin By February 2024 – Switch to FDUSD or USDT
/ | Leave a CommentIn a recent and noteworthy development in the cryptocurrency world, Binance, one of the globe’s most prominent cryptocurrency exchanges, has declared its intention to cease support for the Binance USD (BUSD) stablecoin by February 2024. This decision follows closely on the heels of Paxos’ decision to halt the production of new BUSD coins, marking a […]
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What is BUSD (Binance USD) and Why it is called a stable coin?
/ | Leave a CommentBUSD (Binance USD) is a stablecoin that was introduced by Binance, one of the world’s largest cryptocurrency exchanges, in partnership with Paxos. It was launched in September 2019 to provide users with a stable and reliable digital asset that is backed by the U.S. dollar. What is the all-time low for BUSD (Binance USD) Cryptocurrency […]
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