# Binance USD

ALL From Binance USD

Paxos Completes $7.9B Redemption of Binance USD (BUSD) in 32 Days

Paxos will continue to support BUSD in circulation for at least one year.

Binance USD Stablecoin Market Cap Falls Below $10B After Coinbase Delisting

Binance USD, the Paxos-issued stablecoin under the brand of the world’s largest crypto exchange by trading volume, fell to $9.5 billion market capitalization on Friday, data from CoinGecko shows.

Coinbase Delists Binance’s BUSD As Its Market Cap Shrinks by $6 Billion in Just 2 Weeks

Coinbase, has announced that it will suspend trading of Binance USD (BUSD) on March 13, 2023. The suspension will apply to Coinbase.com, Coinbase Pro, Coinbase Exchange, and Coinbase Prime.

BUSD’s Trading Volume Dropped to Lowest Point in February on Coinbase

Binance USD (BUSD) stablecoin trading volume dropped to its lowest point since Coinbase listed it in April 2022.

Binance USD Stablecoin Gets Booted Off Coinbase Amid Mounting Regulatory Pressure

San Francisco-based cryptocurrency exchange Coinbase is kicking Binance USD (BUSD) off its platform. Coinbase cited failure to meet its listing standards as the rationale behind the decision to delist the Binance-branded dollar-pegged stablecoin.

Coinbase Exchange to Delist Binance USD, Says Stablecoin ‘no Longer Met our Listing Standards’

Coinbase, the world’s second-largest cryptocurrency exchange by trading volume, said Monday it is suspending trade in the Binance USD (BUSD) as of March 13. The move comes after the U.S. regulator said earlier this month that it was investigating the stablecoin as a possible unregistered security. Coinbase manages token listings through its Digital Asset Listings Group, a committee reviewing assets that excludes its chief executive officer Brian Armstrong and board members, according to its website. (forkast)

Binance Mints Over $130 Million TrueUSD (TUSD) Stablecoin in a Week

As the Binance USD (BUSD) stablecoin faces regulatory scrutiny, the world’s largest crypto exchange Binance is now focusing on the TrueUSD (TUSD) stablecoin.

Over $2B BUSD Burnt in the Last Seven Days

Binance USD’s (BUSD) supply shrank by 18.2% — roughly $2.27 billion — over the last seven days to $10.84 billion, according to CryptoSlate’s data.

Binance To Burn $2B Idle BUSD on Feb. 22

Leading crypto exchange Binance announced it would burn $2 billion worth of idle Binance USD (BUSD) on BNB Chain “later today” on Feb. 22 at 12:07 UTC.

Paxos Says It’s Prepared To Challenge the SEC Over BUSD Security Claims

Paxos, a leading regulated blockchain and tokenization infrastructure platform, has responded to the U.S. Securities and Exchange Commission over its issuance of Binance USD “BUSD” stablecoin.