Binance will stop support for BUSD in 2024
Cryptocurrency exchange Binance has announced that it will stop supporting its BUSD stablecoin in 2024. The decision was made amid numerous lawsuits related to the coin. “Paxos will stop supporting BUSD in February 2024. Binance will also gradually start phasing out support for the stablecoin,” the company said. The exchange administration urged its users to transfer BUSD to other coins. At the same time, BUSD is still one of the five largest stablecoins – the…
