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BUSD Stablecoin Inches Toward $1 Peg After Binance CEO Comments
15.2.2023
Changpeng Zhao on Tuesday distanced himself from the Binance-branded stablecoin
Binance CEO Distances Himself From BUSD Stablecoin as Regulators Act
14.2.2023
CZ said Binance will continue working with other stablecoin issuers, and noted he’s skeptical about claims Circle raised alarm bells with regulators
Binance withdrawals and BUSD redemptions surge post Paxos crackdown
14.2.2023
Net outflows at the cryptocurrency exchange hit $788 million over the last 24 hours, however, Binance told Cointelegraph that "Funds are SAFU."
SEC Threatens Lawsuit Against Binance BUSD Stablecoin-Issuer Paxos – What’s Going On?
13.2.2023
The Securities and Exchange Commission (SEC) has said it intends to sue Paxos Trust Company, a regulated New York-based firm that issues several popular stablecoins.
The threat of a lawsuit from the SEC came in the form of a letter to Paxos. The letter is a so-called Wells notice, used by...
Stablecoin BUSD’s Supply Shrunk by 3.24 Billion in 3 Days, Market Cap Is Down 20% Since Last Month
16.12.2022
While billions of dollars in crypto assets have been withdrawn from Binance, the world’s largest exchange in terms of volume, the stablecoin BUSD has seen its coins in circulation drop considerably during the last three days. While 20% of BUSD’s supply was drained since last month...
Binance and Paxos-Backed Stablecoin BUSD’s Market Cap Climbs 22% in 2 Months
22.10.2022
In mid-August, or 68 days ago, the market capitalization of the stablecoin BUSD was approximately $17.7 billion and since then, its grown 22.88% higher to today’s $21.78 billion. BUSD’s growth comes at a time when the market valuations of the top two stablecoins tether and usd coin...
Binance Supporting Flow Blockchain with BUSD Stablecoin
17.9.2020
New York, September 17, 2020 — Binance, the global blockchain company behind the world’s largest digital asset exchange by trading volume and users, announced today the agreement to support BUSD stablecoin on Flow, the blockchain developed by Dapper Labs, the company behind...
Record $113M BUSD stablecoin inflow shows Binance is serious about DeFi
16.9.2020
The rapidly growing market cap of Binance’s BUSD stablecoin shows the exchange is taking serious steps to become a major DeFi contender
BUSD Stablecoin is Now available on All versions of Guarda Wallet
15.11.2019
Recently, to boost the adoption of BUSD, Guarda Wallet announced that BUSD, a stablecoin of Binance, is available on all versions of Guarda Wallet. Moreover, the official information from Guarda wallet says that it is available in both iOS and Android versions for its users. The Stablecoin, BUSD...
Binance to List Its New Dollar-Backed BUSD Stablecoin Next Week
12.9.2019
Binance's dollar-backed stablecoin, BUSD, created in partnership with the Paxos Trust Company, will soon be available for trading