BUSD
Stablecoins Explained: 3 Things You Need to Know
Stablecoins are meant to provide a predictable haven within the volatile world of cryptocurrency. Former Paxos Head of Portfolio Management and Columbia Business School Adjunct Professor Jesse Austin Campbell explains the use cases and risks you need to know about this type of cryptocurrency.
Binance to Convert $1B Worth of BUSD to Bitcoin, Ether, BNB and Other Tokens
Crypto exchange Binance said it would convert $1 billion worth of Binance USD (BUSD) to bitcoin (BTC), ether (ETH), BNB coin (BNB) and other tokens to support the market. "The Hash" panel discusses the transaction from Binance’s industry fund to BUSD, which Binance CEO Changpeng Zhao said on Twitter took 5 seconds and cost only $1.29.
Coinbase suspende oficialmente la negociación de la stablecoin Binance USD
El CEO de Coinbase, Brian Armstrong, dijo anteriormente que la decisión se tomó debido a preocupaciones de liquidez.
Aave avanza en su plan para evitar préstamos de la stablecoin BUSD de Binance.
La propuesta de desvinculación obtuvo un apoyo abrumador entre los miembros de Aave DAO.
Armstrong, CEO de Coinbase: Retiramos BUSD de la lista debido a problemas de liquidez
El intercambio dijo anteriormente que tomó la decisión porque BUSD no cumplía con sus estándares de cotización, sin entrar en detalles.
Binance USD Stablecoin Outflows Hit Roughly $6B Since February: Report
Approximately $6 billion of outflows has hit Binance's stablecoin, BUSD, since Feb. 13, according to CoinGecko data compiled by Reuters. "First Mover" hosts weigh in on the latest developments after stablecoin issuer Paxos said last month it will stop minting new Binance USD (BUSD) tokens at the direction of the New York Department of Financial Services.
Coinbase Will Pause Trading of Binance USD Starting March 13
Coinbase says it plans to suspend trading of Binance USD (BUSD) starting March 13 because the stablecoin doesn’t meet its listing standards. Lumida CEO and co-founder Ram Ahluwalia shares his analysis. "I believe that regulators are focused on limiting fiat ramps and trying to control exposure to Binance," Ahluwalia said.
Coinbase to Suspend Trading for Binance USD Stablecoin
Coinbase will suspend trading of Binance USD (BUSD) starting March 13 because the stablecoin doesn’t meet its listing standards, the U.S. cryptocurrency exchange announced in a tweet Monday. The suspension affects Coinbase.com, Coinbase Pro, Coinbase Exchange and Coinbase Prime. Users will still be able to access their BUSD funds and withdraw them at any time, Coinbase said. Lumida CEO and co-founder Ram Ahluwalia shares his reaction and outlines potential regulatory implications.
TrueUSD se convierte en la quinta stablecoin más grande tras la emisión de 130 millones de TUSD en una semana por parte de Binance.
Los datos de Blockchain muestran que el gigante del intercambio de Cripto Binance ha estado confiando cada vez más en TUSD luego de una ofensiva contra su moneda estable Binance USD por parte de los reguladores estadounidenses.
Binance transfirió $1.8 mil millones en garantías de stablecoin a fondos de cobertura el año pasado, según Forbes.
Esto significó que más de mil millones de dólares en tokens llamados B-peg USDC (réplicas digitales de la moneda estable vinculada al dólar USDC ) no estaban garantizados a pesar de la afirmación de Binance de que estaban 100% respaldados.
