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Binance's CZ Welcomes 'Stress Test' as Exchange Resumes USDC Withdrawals

The world's largest crypto exchange by trading volume has endured a wave a withdrawals amid concerns about reserves. Withdrawals of the stablecoin USDC were paused for several hours but have now resumed.

Updated Dec 13, 2022, 8:09 p.m. Published Dec 13, 2022, 6:25 p.m.
Changpeng "CZ" Zhao, CEO of Binance (CoinDesk)
Changpeng "CZ" Zhao, CEO of Binance (CoinDesk)