stablecoin
- Cryptocurrency
What’s Happening to Binance? Coinbase Delisted Binance USD Stablecoin
On Feb. 27, Coinbase revealed that it will cease trading Binance USDs on March 13 due to its “listing standards.” This is a major development affecting the third-largest stablecoin by market capitalization in a significant manner. Binance USD Is Being Removed for Not Meeting Coinbase Qualifications Coinbase.com (simple and advanced), Coinbase Pro, Coinbase Exchange, and Coinbase Prime will be affected by the decision to suspend trading for Binance USD. As…
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Unleash The Power of USD Coin: A Thrilling Journey Through Its Benefits
USD Coin (USDC) is a stablecoin that is pegged 1:1 to the US dollar. Each unit of this circulating cryptocurrency is backed by $1 in cash and short-term US Treasury bills held in reserve. According to the central syndicate behind this instrument, USDC is issued by licensed financial institutions. Stabilcoin was first introduced on a small scale in September 2018. Simply put, the USD Coin’s slogan is “digital money for…
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