Binance users need to convert their BUSD to other available crypto assets.
Users can manually convert their BUSD to FDUSD in a 1:1 ratio.
Binance, the world’s largest crypto exchange, has released an announcement stating that users should convert their Binance USD (BUSD) into other cryptocurrencies, including the newly listed stablecoins, before February 2024. This announcement comes after Paxos halted the minting of the new BUSD.
As Paxos has halted minting of new BUSD, #Binance will now gradually remove support for the stablecoin on our platform.
BUSD will always remain backed 1:1 by USD, and we continue to support a wide range of other stablecoins.
Find more details below.
— Binance (@binance) August 31, 2023
On August 31, the crypto exchange shared that it would remove support for the stablecoin BUSD. Users need to convert their BUSD to other available crypto assets. However, the crypto exchange will continue to support multiple stablecoins and digital assets on its platform
We współpracy z: https://thenewscrypto.com/busd-beware-binance-to-end-support-soon/
