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news-imageSeptember 6, 2022

Binance to Auto-Convert USDC, USDP, TUSD to Its Own Stablecoin

Binance announced its BUSD auto-conversion program, a company blog post said Monday (Sept. 5), which converts one-to-one USDC, USDP and TUSD stablecoins to Binance's own BUSD.
Publisher: PYMNTS
Sentiment: Negative
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February 2, 2025

Stablecoins Boom USDC's Rise Sparks New Market Shift

The stablecoin market has just crossed a historic milestone, reaching a market capitalization of over $200 billion. This rapid progression reflects a growing interest from investors in these dollar-backed assets, often perceived as a more stable alternative amidst the volatility of cryptocurrencies.

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