Binance to stop supporting USDC, the second largest stablecoin

Binance, the issuer of the world’s third-largest stablecoin, said on Monday it will convert customers’ holdings in three rival stablecoins USD Coin (USDC), Pax Dollar (USDP) and True USD (TUSD) into its own stablecoin (BUSD) on September 29 to “enhance liquidity and capital-efficiency for users” in a move that has baffled many enthusiasts. As a … Continue reading Binance to stop supporting USDC, the second largest stablecoin