BUSD


Finance

Paxos to Stop Minting Stablecoin BUSD Following Regulatory Action

It was reported on Sunday that the SEC also intended to sue Paxos for selling BUSD as an unregistered security.

Stop Sign

Juridique

SEC to Sue Crypto Trust Co. Paxos Over Binance Stablecoin: WSJ

Paxos also faces a probe from the New York Department of Financial Services.

Paxos CEO Charles Cascarilla at Invest 2018 (CoinDesk)

Marchés

Binance USD Stablecoin Sees $2B Reduction in a Month Amid Token Mismanagement

BUSD’s circulating supply fell to $15.4 billion on Wednesday, paring down $1 billion over the past week and $2 billion in a month, according to cryptocurrency price tracker CoinGecko.

Logo 3D de Binance impreso en dorado. (Rob Mitchell/CoinDesk)

Finance

A Binance Stablecoin Wasn't Always Fully Backed: Bloomberg

The company acknowledged to Bloomberg that the process of maintaining the peg "has not always been flawless," but said the problem has now been fixed.

Binance founder and CEO Changpeng Zhao (Antonio Masiello/Getty Images)

Finance

Binance Releases Wallet Addresses of $69B Crypto Reserve

The exchange said it will share its proof-of-funds in the coming weeks.

Changpeng “CZ” Zhao, CEO de Binance, en el evento Consensus Singapore 2018. (CoinDesk)

Guides

Fiat-Backed Stablecoins: What You Need to Know About Tether, USD Coin and Others

Fiat-backed stablecoins are cryptocurrencies pegged to the value of real-world currencies, such as the U.S. dollar or euro, and backed by reserves in that currency.

(Unsplash)

Marchés

Back to Square One? Circle's USDC Market Cap Drops Below $50B for First Time Since Terra's Collapse

USDC's utility has taken a hit in the wake of Binance's decision to consolidate order books and Circle's decision to freeze addresses associated with Tornado Cash.

USDC's market cap drops to lowest since January (CoinGecko, CoinDesk)

Vidéos

BofA: Crypto Exchange Binance to Benefit From Increased Supply of BUSD Stablecoin

Crypto exchange Binance’s decision to convert all users' investments in stablecoins USD coin (USDC), trueUSD (TUSD) and pax dollar (USDP) into its native binance USD (BUSD) may generate limited additional revenue in the short term, but could have larger implications in the long term, Bank of America reported. "The Hash" hosts discuss what this means for the state of the stablecoin markets.

Recent Videos

Vidéos

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.

Recent Videos

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