Binance Phases Out BUSD Support and Urges Users to Shift Assets by Early 2024

Cryptocurrency exchange Binance is telling its users to reconsider their Binance USD (BUSD) investments. The message is loud and cleartransition your assets into other stablecoins like First Digital USD (FDUSD) as soon as possible. Binance broke the news on August 31, effectively putting rumors to rest regarding its future support for BUSD. The crypto exchange declared its intent to discontinue support for the coin by February 2024, in sync with Paxos, the company behind BUSD, which also has similar plans to cease the coins redemption. Before the official word came out, eagle-eyed...

source: https://tokenpost.com/Binance-Phases-Out-BUSD-Support-and-Urges-Users-to-Shift-Assets-by-Early-2024-10605

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