Binance pushes new stablecoin as it confirms plan to cease BUSD support
Paxos has earlier said it will halt support of Binance's stablecoin by February 2024, now the exchange has said it will also stop support by that time.
Paxos has earlier said it will halt support of Binance's stablecoin by February 2024, now the exchange has said it will also stop support by that time.
Five major companies in the 3D content industry — Adobe, Apple, Autodesk, Nvidia and Pixar — have come together to form the Alliance for OpenUSD (AOUSD). The group that aims…
“While USD withdrawal remains fully operational on the platform today, we expect our banking partners to discontinue that service in the near future,” said Binance.US.
The stablecoins with the largest market cap are pegged to the U.S. dollar, so what risk does de-dollarization pose to stablecoin users?
A Canadian economist and professor at the University of British Columbia says the role of the U.S. dollar in international trade and as a reserve currency has been declining. “Other…
The Reserve Bank of Zimbabwe’s first gold-backed cryptocurrency sale has been a success.
Economist Stephen Jen, a former Morgan Stanley managing director, expects a shift “from a unipolar reserve currency world to a multipolar world,” with the Chinese yuan, the euro, and the…