Binance to convert users’ USDC into its own stablecoin
Binance, the world’s largest crypto exchange, said it is introducing “BUSD Auto-Conversion,” which will be used to convert any existing user balances and new deposits of USD Coin (USDC), Pax Dollar (USDP) and True USD (TUSD) into its own stablecoin. The move is intended to enhance liquidity and capital efficiency for users, the company said … Read more