Trading bots working on these pairs will also be stopped. The platform is phasing out its stablecoin in favor of other tokens.
For example, back in March this year, Binance abandoned the use of BUSD in its user asset protection fund (SAFU).
from using BUSD in its user asset protection fund (SAFU). Funds were transferred into TUSD and USDT stablecoins
Eleanor Ashworth is editor-in-chief at BTCNews. A Cambridge-trained journalist with 18 years across the Financial Times, Reuters and the Telegraph, she joined the crypto beat in 2017 after covering the Bank of England and HM Treasury. She holds the SABEW Best in Business award (2022) and was shortlisted for the British Journalism Awards (2023). At BTCNews she sets the editorial line for Bitcoin and macro markets coverage, with a focus on institutional adoption, regulation and central-bank policy. Based in London.
