BUSD

Stablecoins Explained: 3 Things You Need to Know

Stablecoins are meant to provide a predictable haven within the volatile world of cryptocurrency. Former Paxos Head of Portfolio Management and Columbia Business School Adjunc...

By CoinDesk Inc

Mar 22, 2023 at 9:09 p.m. UTC

Mar 22, 2023

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Video

Binance

Binance to Convert $1B Worth of BUSD to Bitcoin, Ether, BNB and Other Tokens

Crypto exchange Binance said it would convert $1 billion worth of Binance USD (BUSD) to bitcoin (BTC), ether (ETH), BNB coin (BNB) and other tokens to support the market. "The...

By CoinDesk Inc

Mar 13, 2023 at 5:14 p.m. UTC

Mar 13, 2023

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Finance

Coinbase

Coinbase Officially Suspends Binance USD Stablecoin Trading

Coinbase CEO Brian Armstrong previously said the decision was made due to liquidity concerns.

By Oliver Knight

Mar 13, 2023 at 4:16 p.m. UTC

Mar 13, 2023

CoinbaseBUSDOn-chain DataBinance

Finance

On-chain data

Aave Advances Plan to Nix Borrowing, Lending of Binance’s BUSD Stablecoin

The offboarding proposal won overwhelming support from members of the Aave DAO.

By Danny Nelson

Mar 9, 2023 at 3:48 p.m. UTC

Mar 9, 2023

On-chain DataToken GovernanceBUSDAave

Finance

Coinbase

Coinbase CEO Armstrong: We Delisted BUSD Due to Liquidity Concerns

The exchange previously said it made the move because BUSD didn’t meet its listing standards, without going into any detail.

By Helene Braun

Mar 1, 2023 at 5:00 p.m. UTC

Mar 1, 2023

CoinbaseBUSDPaxosBinanceBrian Armstrong

Video

Binance

Binance USD Stablecoin Outflows Hit Roughly $6B Since February: Report

Approximately $6 billion of outflows has hit Binance's stablecoin, BUSD, since Feb. 13, according to CoinGecko data compiled by Reuters. "First Mover" hosts weigh in on the la...

By CoinDesk Inc

Mar 1, 2023 at 3:28 p.m. UTC

Mar 1, 2023

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Video

Coinbase

Coinbase Will Pause Trading of Binance USD Starting March 13

Coinbase says it plans to suspend trading of Binance USD (BUSD) starting March 13 because the stablecoin doesn’t meet its listing standards. Lumida CEO and co-founder Ram Ahlu...

By CoinDesk Inc

Feb 28, 2023 at 4:07 p.m. UTC

Feb 28, 2023

CoinbasecdtvFM ClipBUSDSocial_ClipBinance usdLumidaRam ahluwalia

Video

Coinbase

Coinbase to Suspend Trading for Binance USD Stablecoin

Coinbase will suspend trading of Binance USD (BUSD) starting March 13 because the stablecoin doesn’t meet its listing standards, the U.S. cryptocurrency exchange announced in...

By CoinDesk Inc

Feb 28, 2023 at 3:26 p.m. UTC

Feb 28, 2023

CoinbasecdtvStablecoinFM ClipBUSDBinance usdLumidaRam ahluwalia

Markets

TrueUSD Becomes 5th-Largest Stablecoin as Binance Mints $130M TUSD in a Week

Blockchain data shows crypto exchange giant Binance has been relying increasingly on TUSD following a crackdown on its Binance USD stablecoin by U.S. regulators.

By Krisztian Sandor

Feb 27, 2023 at 7:45 p.m. UTC

Feb 27, 2023

MarketsStablecoinStablecoinsTUSDBUSDBinanceChangpeng "CZ" ZhaoNansen

Finance

Binance

Binance Moved $1.8B in Stablecoin Collateral to Hedge Funds Last Year: Forbes

This meant that over $1 billion worth of tokens called B-peg USDC – digital replicas of dollar-pegged stablecoin USDC – were uncollateralized despite Binance's claim that they...

By Jamie Crawley

Feb 27, 2023 at 5:02 p.m. UTC

Feb 27, 2023

BinanceBUSDhedge funds