USDC

BofA: Crypto Exchange Binance to Benefit From Increased Supply of BUSD Stablecoin

Crypto exchange Binance’s decision to convert all users’ investments in stablecoins USD coin (USDC), trueUSD (TUSD) and pax dollar (USDP) into its native binance USD (BUSD) ma...

By CoinDesk Staff

Sep 9, 2022 at 5:59 p.m. UTC

Sep 9, 2022

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Video

Binance

Why Binance Isn’t Converting Tether to BUSD

Binance is converting all investments in USDC, pax dollar (USDP) and trueUSD (TUSD) into its stablecoin Binance USD (BUSD) on Sept. 29. Patrick Hillmann of Binance discusses t...

By CoinDesk Staff

Sep 9, 2022 at 4:45 p.m. UTC

Sep 9, 2022

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Podcasts

Digital Euro to Focus on Personal Use, How USDC Could Benefit From Getting Booted From Binance

The most valuable crypto stories for Wednesday, Sept. 7, 2022.

By Zack Seward Jennifer Sanasie William Foxley Wendy O

Sep 7, 2022 at 10:41 p.m. UTC

Sep 7, 2022

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Video

Binance

Circle CEO Expects USDC to Benefit From Binance’s Auto-Converting

Beginning late September, USD coin (USDC), Paxos dollar (USDP) and trueUSD (TUSD) will no longer be traded at Binance, and deposits will automatically be converted to Binance...

By CoinDesk Staff

Sep 7, 2022 at 6:43 p.m. UTC

Sep 7, 2022

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Markets

Stablecoin

Binance Ditched a Bunch of Stablecoins. Even a Newly Banished Issuer Was OK With It

Surprisingly, Circle’s CEO expects USDC to benefit from getting booted from Binance, while market insiders predict a better trading experience.

By Krisztian Sandor

Sep 6, 2022 at 9:31 p.m. UTC

Sep 6, 2022

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Video

Binance

Binance to Stop Supporting USDC

Binance, issuer of third-biggest stablecoin, announced it will automatically move customers’ funds to its Binance USD (BUSD) token from alternatives, including the larger USD...

By CoinDesk Staff

Sep 6, 2022 at 5:37 p.m. UTC

Sep 6, 2022

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Circle CEO Jeremy Allaire (Danny Nelson/CoinDesk)

Consensus Magazine

Opinion

Who Benefits From Binance Converting USDC to Its Own Stablecoin?

The world’s largest crypto exchange is “consolidating” liquidity around its own stablecoin, BUSD – in a move that could benefit Circle and harm Tether.

By Daniel Kuhn

Sep 6, 2022 at 5:22 p.m. UTC

Sep 6, 2022

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Video

Binance

Binance Halts USDC Support; Inflation Hits Crypto

Issuer of USDC questions Binance’s move to convert users’ stablecoin holdings into its own BUSD. Meanwhile, inflation takes a bite out of financial assets. More on those stori...

By CoinDesk Staff

Sep 6, 2022 at 2:35 p.m. UTC

Sep 6, 2022

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