Based on Binance CEO Changpeng Zhao, the alternate had to briefly pause processing USDC withdrawals because of insufficient USDC reserves on the platform. The pause was necessitated as a result of it needed to complete a token swap. Binance holds a big chunk of its stablecoin holdings, over $11.5 billion, in the Paxos-issued BUSD, a …
Binance Proclaims Resumption Of USDC Stablecoin Withdrawals Read More »
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