Binance USD

Coinbase plans to suspend trading of the Binance USD stablecoin on March 13 for not meeting its listing standards; users will still be able to access their BUSD

Derek Andersen / Cointelegraph :

Sources: the SEC told Paxos the agency plans to sue the crypto firm, alleging the Paxos-issued and listed Binance USD stablecoin is an unregistered security

The agency has been intensifying its enforcement of major crypto players  —  The Securities and Exchange Commission …

CoinGecko: after Tether briefly lost its dollar peg, leading to $8.5B+ in redemptions, Circle's USDC circulation rose by ~$3.4B and Binance USD gained $1.2B

CoinGecko: after Tether lost its dollar peg, leading to $8.5B+ in redemptions, Circle's USDC stablecoin circulation rose by $3.4B and Binance USD is up $1.2B

Circle's USD Coin is reaping the benefits as circulation of Tether, the world's largest stablecoin and its closest rival, continues to decline in a wave of redemptions. Tweets: @chrisbloomstran , @tob...

Tether, the largest stablecoin, briefly drops to a 24-hour low of $0.96; Binance USD and USDC are both trading at around $1

Quick Take  — Tether dropped below $0.96 on Thursday morning.  — The stablecoin is designed to keep a constant peg with the dollar.

Binance launches a USD-backed stablecoin in the US in partnership with Paxos after receiving approval from NY regulators

Crypto exchange Binance is launching a dollar-backed stablecoin in the U.S.  —  Moreover, the new Binance USD (BUSD) has received the blessing of the New York Department of Financial Services (NYDFS)....