Stablecoins are cryptocurrencies whose value is pegged to another cryptocurrency, fiat currency, or exchange-traded commodities.
The majority of stablecoins are backed by fiat currency reserves held by the stablecoin's issuer, although other stablecoins are backed by cryptocurrency reserves
The Stablecoins sector has a market cap of $ 185.74 billion, accounting for 9.98% of the entire cryptocurrency market size.
#Stablecoins #Crypto #USDT #USDC #BUSD
The majority of stablecoins are backed by fiat currency reserves held by the stablecoin's issuer, although other stablecoins are backed by cryptocurrency reserves
The Stablecoins sector has a market cap of $ 185.74 billion, accounting for 9.98% of the entire cryptocurrency market size.
#Stablecoins #Crypto #USDT #USDC #BUSD
#Binance stops supporting BUSD due to US regulations. Users should convert BUSD to other #stablecoins. Binance faces #regulatory issues.
Want to Know What's the reason behind #Binance discontinuing #BUSD support in the US?
Click here to read this : https://coinpedia.org/news/binance-to-cease-busd-operations-by-february-2024-urges-users-to-convert-to-other-stablecoins/
Want to Know What's the reason behind #Binance discontinuing #BUSD support in the US?
Click here to read this : https://coinpedia.org/news/binance-to-cease-busd-operations-by-february-2024-urges-users-to-convert-to-other-stablecoins/
CoinPedia
Binance Discontinues BUSD Support in US; Here’s What Users Need to Do
Leading cryptocurrency exchange Binance has announced that it will be discontinuing support for its BUSD stablecoin. This move comes amid increasing
#Binance discontinues support for #BUSD #stablecoin due to regulatory pressures and SEC flagging as potential security. #CryptoNews
Users must withdraw or convert BUSD before December 15; existing balances auto-convert to FDUSD post-December 31.
https://coinpedia.org/news/binance-to-end-of-support-for-busd-stablecoin/
Users must withdraw or convert BUSD before December 15; existing balances auto-convert to FDUSD post-December 31.
https://coinpedia.org/news/binance-to-end-of-support-for-busd-stablecoin/
Coinpedia Fintech News
Binance To End of Support for BUSD Stablecoin
Binance, one of the world's largest cryptocurrency exchanges, has made a significant move by announcing the cessation of support for the Binance USD