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Title: Binance to Convert Users’ USDC, USDP, and TUSD to BUSD Post by: Robert518 on September 07, 2022, 10:32:17 AM According to Binance, the action is due to its plans to enhance liquidity and capital-efficiency for users.
This move by Binance will be a big blow to Circle USDC due to the volume of traded assets on Binance. Circle’s USDC is the second largest stablecoin in the crypto market with a market cap of $52 billion, only second to Tether’s USDT, Binance’s BUSD came after USDC with a $19 billion market cap, TUSD and USDP market caps are smaller. Source: https://mycryptoparadise.com/binance-to-convert-users-usdc-usdp-and-tusd-to-busd/ Title: Re: Binance to Convert Users’ USDC, USDP, and TUSD to BUSD Post by: Charles-Tim on September 07, 2022, 10:44:16 AM Two related topics are existing already about this:
Binance to remove USDC as a tradable asset (https://bitcointalk.org/index.php?topic=5412502.msg60889268#msg60889268) Binance to delist USDC, USDP, TUSD from the platfom on 26th September (https://bitcointalk.org/index.php?topic=5412523.msg60891504#msg60891504) Always try to make use of the forum search engine first before posting such news. |