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Tag: Binance’s BUSD

The Crypto Roundup: 23 January 2024 | CryptoCompare.com

Leading cryptocurrency exchange Binance has faced the SEC in court, seeking dismissal of a lawsuit filed by the regulator. The key issue debated was...

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TUSD Lending Rates Spike After Stablecoin Briefly Rallies To $1.20

Opportunistic DeFi traders pushed lending rates for TrueUSD, the centralized stablecoin favored by Binance following a regulatory crackdown on its own BUSD token, well...

Latin America’s Largest Investment Bank Launches Dollar-Pegged Stablecoin

BTG Pactual announced the launch of BTG Dol on April 4. According to the investing firm, it is the world’s first...

Circle’s USDC bounces back after Silicon Valley Bank bust

In this issueUSDC: Level-peggingSilvergate: Closing actChina finance: Reverse decentralizationFrom the Editor’s DeskDear Reader,Predictions that things will get worse before they get better are commonplace...

Circle’s USDC bounces back after Silicon Valley Bank bust

In this issueUSDC: Level-peggingSilvergate: Closing actChina finance: Reverse decentralizationFrom the Editor’s DeskDear Reader,Predictions that things will get worse before they get better are commonplace...

Bitcoin Bear Market Ends, Binance Converts $1B Fund to Crypto

The CEO of Binance highlights today’s unexpected industry concerns.  He draws light to 5 major concerns and goes on to elevate the Bitcoin...

SVB Collapse Sparks Stablecoin Turmoil as USDC Loses Dollar Peg

USDC, a stablecoin linked to the greenback, misplaced its peg to the U.S. forex amid a surge of investor withdrawals after its founder,...

Aave Advances Plan to Nix Borrowing, Lending of Binance’s BUSD Stablecoin

Members of Aave’s decentralized autonomous organization (DAO) voted overwhelmingly in favor of a proposal to dramatically increase the cost of borrowing BUSD, while decreasing...

Coinbase Challenges US Regulators With Launch of New Nationwide Crypto Advocacy Campaign

Top US crypto exchange Coinbase is launching a nationwide campaign to advocate for favorable digital asset regulations. Coinbase tells its 5.6 million Twitter followers that...

As BUSD’s Woes Continue, Could Binance Be Pivoting to TUSD?

Stablecoins have been in the crosshairs of regulators recently, with Binance’s BUSD drawing the ire of the SEC. Following the crackdown, Paxos, the issuer...

SEC Triggers Billion-dollar ‘Bank Run’ on Binance’s BUSD

Permissionless is the brainchild of Blockworks and Bankless. Over 5,500 people attended the inaugural event in 2022, making Permissionless the world’s largest DeFi conference. ...

Stablecoins Market Cap Continues To Slump – Here’s Why

Stablecoins are cryptocurrencies built to withstand the market’s volatility as it is backed by a specific asset. In the case of most stablecoins, the...

Siemens Issues €60M Digital Bond On Polygon

DeFi Adoption Continues Despite Regulatory Headwinds German industrial powerhouse Siemens AG has issued a 60M euro digital bond on the Polygon blockchain.The storied 175-year-old conglomerate...

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