CDCROP: Binance Logo (Danny Nelson/CoinDesk)
Binance USD Stablecoin Market Cap Falls Below $10B After Coinbase Delisting
Liquidity is deteriorating for Binance USD as crypto investors have redeemed some $7 billion of tokens from issuer Paxos since regulators ramped up pressure on the stablecoin.
CDCROP: Binance Logo (Danny Nelson/CoinDesk)

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State of Crypto: Interpreting the Paxos-Binance Tea Leaves
NYDFS forced Paxos to stop issuing Binance USD. The SEC has said BUSD may be a security. Stay with me here – Paxos may not be the regulatory target.
Reflection Of Government Building In River

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Stablecoins Push Ethereum's Transaction Count to Highest Since July 2019
Ethereum’s transaction counts have surged by 72% since mid-February
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Binance Stablecoin BUSD Tops $100M but Lags Behind Rivals
Binance USD, a U.S. dollar-backed stablecoin, has surpassed $100 million in market capitalization, chipping away at a market still dominated by Tether's TUSD.
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