In brief: Crypto traders on Binance received a quick announcement of the delisting of Stable USD (USDS). The delisting was...
Binance USD (BUSD) is now ranked 10th on Coinmarketcap Binance USD’s market cap has exceeded $11 Billion There are now...
Summary: Circle CEO Jeremy Allaire supports Binance’s latest stablecoin announcement. Binance said USDC, TUSD, and USDP would be removed as...
Summary: Paxos was ordered to stop minting Binance USD (BUSD) by the New York Department of Financial Services. The order...
Summary: Aave community member Marc Zeller proposed halting the BUSD lending market on Ethereum. Zeller argued that the Paxos-issued stablecoin...
BUSD issuer Paxos has categorically disagreed with the allegations by the SEC. The firm's press release indicated vigorous litigation in this matter if necessary.
Paxos CEO Charles Cascarilla told his employees that the firm was in constructive discussions with the U.S SEC over its Wells notice and the security status of BUSD.
Coinbase said BUSD does not meet listing standards shortly after Paxos was ordered to stop minting the Binance-branded stablecoin.