Published 1 year ago

Binance's BUSD Stablecoin Sees $500M Outflows After CFTC Lawsuit

Summary by Coin Desk

Some analysts say the exchange's recent move to include other stablecoins in its zero-fee trading program could have contributed to lessening dependence on BUSD.

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Techmeme

CryptoQuant: BUSD saw $500M+ in outflows in the 24 hours since CFTC filed a lawsuit against Binance vs. $2B in outflows after SEC's Paxos crackdown in February

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1 year ago

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Coin Desk

Binance's BUSD Stablecoin Sees $500M Outflows After CFTC Lawsuit

Some analysts say the exchange's recent move to include other stablecoins in its zero-fee trading program could have contributed to lessening dependence on BUSD.

1 year ago·Manila, Philippines

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