Tag: USDP
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Binance’s auto-conversion to BUSD deals USDC’s position a big blow
USDC loses position to USDT Binance’s recent decision to convert stablecoins USDC, USDP, TUSD to Binance USD (BUSD) has dealt a major blow to USDC’s position. Besides, Binance said there are no plans to automatically convert Tether (USDT) to BUSD. At the beginning of 2022, Circle (USDC) stood firm in the battle for dominance among stablecoins. The capitalization […]
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Binance to auto-convert USDC, USDP, TUSD to BUSD
BUSD auto-conversion On Sept. 29, Binance, the leading digital asset exchange has made an announcement about BUSD auto-conversion. This aims to provide best price, lowest slippage, enhance liquidity and capital-efficiency for users. In particular, on Sept. 29, users’ existing balances and and new deposits of USDC will be automatically converted to Binance USD at a […]
