Binance Switches To Multiple Stablecoins, Discontinues Auto-Conversion Policy  

Marczek Yanukowski

Stablecoins 1 year ago
1 QCP
Post Image
Binance CEO Changpeng “CZ” Zhao on Saturday announced that Binance will now support multiple stablecoins and discontinued its Binance USD (BUSD) Auto-Conversion policy introduced last September. The move surprisingly came after Circle's USDC stablecoin depeg due to $3.3 billion exposure to failed Silicon Valley Bank.

https://coingape.com/?p=141885
  • stablecoins