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Coinbase to Suspend Binance USD Stablecoin

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Coinbase to Suspend Binance USD Stablecoin

B
Benzinga

5 Views • Feb 28, 2023

Description

Coinbase ($COINUS) announced on Monday that it would suspend trading of Binance USD (BUSD) as of March 13th because it does not meet its listing standards. The suspension impacts Coinbase.com, Coinbase Pro, Coinbase Exchange, and Coinbase Prime. Users will still be able to access their BUSD funds and withdraw them at any time. Binance coin (BNB), the exchange token of Binance, dropped 1 percent following the announcement.