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Binance, the issuer of the world’s third-largest stablecoin, said on Monday it will convert customers’ holdings in three rival stablecoins USD Coin (USDC), Pax Dollar (USDP) and True USD (TUSD ...
Binance says it will delist USDC in favor of its native BUSD stablecoin. Users will still be able to withdraw funds in USDC, USDP and TUSD at a 1-to-1 ratio. Ready to turn the market’s comeback ...
but it would still cut into USDC trading volumes. If Binance’s self-reported transaction volume is correct, the exchange is leaps and bounds ahead of competitors. “[W]hile optimizing dollar li ...
Cumberland/DRW declined to comment on the specifics of its recent transactions with Binance. Last week, Fortune broke the news that Binance had liquidated the USDC collateral–burning it ...
With some $20 billion in average daily volume over the past month, the Binance exchange is roughly eight times larger than its nearest competitor, FTX, in terms of transactions, according to ...
Circle, the issuer of US dollar pegged stablecoin USDC, and Binance, the world’s largest cryptocurrency exchange by user and trading volume, have announced a groundbreaking partnership.
WazirX, an Indian cryptocurrency exchange, has chosen to transfer the remaining balances into the Binance ... writing is USDC trading against Tether (USDT), with $3,400 in daily transactions.
Top cryptocurrency exchanges Binance and Coinbase both said on Friday night that they would temporarily suspend USDC conversions as the contagion from the collapse of Silicon Valley Bank plays out.
Crypto exchange Binance will cease deposit and withdrawal support for TRC-20-based USD Coin (USDC $1.00) tokens in under two weeks. On Feb. 20, USDC issuer Circle announced plans to discontinue ...