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news-imageSeptember 6, 2022

Binance Will ‘Auto-Convert' $USDC, $USDP, $TUSD to $BUSD From September 29

On Monday (September 5), Binance announced that it will no longer support the use of fiat-collateralized stablecoins $USDC, $USDP, and $TUSD for trading, and instead “users' existing balances and new deposits” will automatically get converted to $BUSD at a 1:1 ratio.
Publisher: CryptoGlobe
Sentiment: Neutral
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cover-imageCointribune
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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