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Binance
Why Binance Isn't Converting Tether to BUSD
Binance is converting all investments in USDC, pax dollar (USDP) and trueUSD (TUSD) into its stablecoin Binance USD (BUSD) on Sept. 29. Patrick Hillmann of Binance discusses the change and why Tether won't be moved.
Binance Exec on Converting USDC, Other Stablecoins to BUSD: ‘Not a Surprise’
Binance is converting user funds to its Binance USD (BUSD) stablecoin from alternatives, including the larger USD coin (USDC). Binance Chief Communications Officer Patrick Hillmann shares his insights and why “it really shouldn’t be that big a surprise.” Plus, his take on Tether (USDT).
Crypto Exchange Binance to Benefit From Increased Supply of Its Own Stablecoin, BofA Says
The automatic conversion of other stablecoins could increase the supply of binance USD by $908 million, the bank said.
Binance Adds Former Mexican Securities Commission President to New Global Advisory Board
Adalberto Palma Gómez, who led the CNBV between December 2018 and March 2020, joined former Brazilian Central Bank President Minister Henrique Meirelles as an adviser to the crypto exchange.
Crypto Exchange Binance to Issue 'Soulbound' Tokens to Users Who Complete Know-Your-Customer Checks
The tokens will allow users to participate in building projects on the BNB chain.
Circle CEO Expects USDC to Benefit From Binance's Auto-Converting
Beginning late September, USD coin (USDC), Paxos dollar (USDP) and trueUSD (TUSD) will no longer be traded at Binance, and deposits will automatically be converted to Binance USD (BUSD). Circle CEO Jeremy Allaire expects USDC to benefit from getting booted. "The Hash" hosts discuss what this means for the global stablecoin markets.
Binance Seeks to Rev Up Its BNB Blockchain With Tech That Got Traction on Ethereum
The exchange effectively announced a separate blockchain where transactions can be offloaded and processed faster and more cheaply.
Binance Introduces Ether Staking in US as It Steps Up Competition With Rivals
Binance will start offering 6% annual percentage yield (APY) to its U.S. customers from as low as 0.001 ETH.
First Mover Asia: Binance’s USDC Swap Out Isn’t What You Think It Is; What's Behind Bitcoin's Late Dive?
The exchange is hoping to generate one big pool for USD stablecoins to be used for trading and powered by Binance’s USD stablecoin; bitcoin drops below $19K.
