Binance USD (BUSD) is the best-performing stablecoin among the top three stablecoins, as its supply dominance increased by 6% on the year-to-date metrics to 16%. The Binance-backed stablecoin has seen...
Tag: BUSD
A USDC, BUSD rival? FTX is set to launch a stablecoin soon
FTX boss Sam Bankman Fried has shared the company’s vision of developing a stablecoin. The FTX CEO was on an interview with The Big Whale, where he gave an insight into the company’s vision for design...
Binance USD (BUSD) To Spark The Second Great Stablecoin War With USDT — FTX CEO ⋆ ZyCrypto
Advertisement     After statistics show the coin’s increasing market capitalisation, Sam Bankman-Fried has tipped BUSD to ignite a new stablecoin war with USDT. BUSD ...
FTX CEO Sam Bankman-Fried Makes Prediction for ‘Stablecoin War’ As Binance USD (BUSD) Market Cap Soars
FTX CEO Sam Bankman-Fried has a prediction for the crypto markets as he says a “stablecoin war” is starting to unfold. The billionaire says crypto exchange Binance’s recent conversion of Circle’s USD ...
Binance USD (BUSD) Supply Surges as Stablecoin Wars Heat Up
Binance has been selling its USDC reserves and converting them into its own stablecoin, BUSD. On Oct. 23, The Block’s Frank Chaparro noticed the supply shift as the amount of BUSD topped $20 billion f...
BUSD Supply Crosses $20B, Cuts Into USDC’s Market Share
Binance USD (BUSD) market cap has been on the rise in the last 30 days. Thanks to Binance’s move to convert deposits of USDC, TUSD, and USDP into BUSD on the exchange. Following the decision, the supp...
BUSD, DAI make a notable comeback after USDT, but USDC…
One move can make or break positions in the crypto world. Well, what we are implicitly referring to is stablecoins. The battle or rather the race to finish at the top continues to create headlines, ma...
USDC’s Market Cap Sheds Close to $4 Billion in Less Than 20 Days, Binance’s BUSD Climbs 3% – Altcoins Bitcoin News
19 days ago, usd coin (USDC), the second largest stablecoin by market capitalization, had an overall valuation of around $48.82 billion and since then, it has continued to deflate down to today’s $44....
USDT, USDC, BUSD- Know this update before you park your money in it
Stablecoins play a key role in the decentralized finance and broader cryptocurrency ecosystem, without a doubt. But the rivalry between USDT and USDC seems to have taken a different route. USDT, conti...
BUSD Market Cap Surges Following Binance’s Announcement – crypto.news
Binance’s BUSD is surging in its market cap a month after Binance revealed it would convert TUSD, USDP, and USDC balance to BUSD. BUSD up by 10% A Month After Declaring to Convert Other Stablecoin. BU...
TrueFi Issues Default Notice to Blockwater Over $3.4 Million BUSD Loan
The ongoing bear market appears to have claimed another victim. Decentralized finance (DeFi) project TrueFi said it has issued a default notice to South Korean venture firm Blockwater Technologies fo...
TrueFi issues first default notice on $3.4M BUSD loan
TrueFi does not expect Blockwater Technologies’ default to affect its stablecoin lending pools or capital market portfolios. On Oct. 10, unsecured lending protocol TrueFi issued a default notice...
This Crypto Could Benefit From Binance BUSD Auto Conversion?
Stablecoins enjoy the privilege of being one of the most traded types of cryptocurrencies by the virtue of their application. For a long time in recent past, a few major stablecoins enjoyed the pole p...
Crypto Investment Firm Blockwater Technologies Defaults on $3.4M BUSD Loan – crypto.news
South Korean crypto investment firm Blockwater Technologies has defaulted on a $3.4 million loan to the decentralized lending protocol TrueFi. TrueFi Announces First Default on BUSD Loan TrueFi, a dec...
TrueFi Issues First Default to Crypto Investment Firm Blockwater on BUSD Loan
Decentralized finance (DeFi) lending protocol TrueFi issued a “notice of default” to Blockwater Technologies on October 6th for failing to make a scheduled payment of more than $3.4 million loan in BU...
TrueFi Issues Default Notice to Blockwater for $3.4M BUSD Loan
Decentralized finance (DeFi) unsecured loan protocol TrueFi is trying to claw back funds from its debtors and recently issued a default notice to Blockwater. On Oct. 10, the DeFi lending firm announce...
TrueFi Announces First Default over its $3.4 million BUSD loan
Earlier today, October 10, decentralized finance (DeFi) lending platform TrueFi issued a notice of default to Blockwater Technologies on missing a scheduled payment over its $3.4 million BUSD loan. Ov...
BNB and BUSD holders, this Binance announcement can affect…
Binance made a major expansion and partnership-related announcements recently. On 3 October, Binance announced that it signed a memorandum of understanding (MoU) with the Financial Monitoring Agency o...
BUSD turns 3. Here’s a recap on how it all happened
It has been three years since one of the biggest Crypto exchanges, Binance, introduced its stablecoin named Binance USD (BUSD). Stablecoins have become an essential part of the crypto market, and many...
WazirX Announces Delisting of USDC, USDP, and TUSD in a Clear Boost to BUSD ⋆ ZyCrypto
Advertisement     India-focused crypto exchange WazirX will unlist three leading stablecoins — Circle’s USDC, Paxos’ USDP, and TrueUSD’s TUSD — effective September 26....
Polygon and Avalanche Now Support Binance’s BUSD Stablecoin
Alex Dovbnya Binance USD (BUSD), Binance’s house-own stablecoin, is now available on Avalanche and Polygon Binance USD (BUSD), the stablecoin of cryptocurrency giant Binance, is now available on Avala...
Almost 94% of the Total Supply of Binance BUSD Held in Just Four Wallets
While Binance is pushing for higher adoption and dominance of its stablecoin, it will be crucial to see how the exchange addresses hyper-centralization issues. The last few months saw several stableco...
WazirX exchange to delist stablecoins USDC, USDP, and TUSD
WazirX halted deposits of USDC, USDP, and TUSD stablecoin as of today. Withdrawal support for USDC, USDP, and TUSD will discontinue at 5 p.m, IST on September 23rd, after which point existing balances...
WazirX to Follow Binance in Converting Stablecoins to BUSD
Indian crypto exchange WazirX has announced the delisting of major stablecoins Tether (USDT), Pax Dollar (USDP), and True USD (TUSD). The exchange follows Binance, the world’s largest cryptocurrency e...
Wazirx Plans to Delist 3 Stablecoins, Leftover Balances Will Be Auto-Converted to BUSD – Bitcoin News
The crypto asset exchange Wazirx is following Binance’s move by delisting a number of stablecoins and automatically converting them to BUSD at a 1:1 ratio. Wazirx customers have until September 23 to ...
Here is Binance’s new announcement about WAX and BUSD
As of press time, Binance finished integrating BUSD on the Avalanche and Polygon networks as well as WAX (WAXP) on the ERC20 protocol. These two integrations were announced by Binance on its official ...
Binance is moving USDC support by transitioning several tokens to BUSD
Join Our Telegram channel to stay up to date on breaking news coverage Binance, the globe’s most significant cryptocurrency interchange by quantity, recently announced that it would begin automaticall...
Binance Pulling Support of USDC, Converting Several Stablecoins to BUSD
Binance, the world’s largest cryptocurrency exchange by volume, announced today that it would begin auto-converting existing and new deposits of USDC, USDP, and TUSD stablecoins into its native ...
Why Binance Is Booting USDC, Two Other Stablecoins Out Of Exchange In Favor Of BUSD ⋆ ZyCrypto
Advertisement     Binance, the world’s largest cryptocurrency exchange by trading volume, recently shocked the crypto community when it announced that it would cease t...