MINTING HALT

Binance to Phase Out BUSD Support by February 2024 Amid Paxos Minting Halt
Minting Halt

Binance to Phase Out BUSD Support by February 2024 Amid Paxos Minting Halt

Binance will discontinue support for Binance USD (BUSD) by February 2024, affecting trading, futures, and loans. Users holding BUSD are advised to convert their assets to other stablecoins or digital assets on Binance, with a 1:1 conversion rate.