Crypto Asset Strategies

Crypto Monitor: Binance Shakes the Stablecoin Universe

Crypto Monitor: Binance Shakes the Stablecoin Universe
By Early Investing
Date September 23, 2022
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Earlier this month, Binance made a move that raised eyebrows. The world’s largest crypto exchange launched “BUSD auto-conversion,” which will convert any existing user balances and new deposits of USD Coin (USDC), Pax Dollar (USDP) and True USD (TUSD) into Binance’s own stablecoin. Binance said this auto-conversion is…
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