![Tether claims USDT is overcollateralized](https://crypto.news/app/uploads/2023/02/crypto-news-hologram-with-trading-graphics-virtual-space-on-the-background-dark-neon-color-cyberpunk-880x525.jpg)
Binance USD News
$0.998054
24h Volume
$326,337
Market Cap
$60,376,708
24h Low/High
$0.95703 /
$1.01
24h
0.1%
7d
-0.63%
Latest Binance USD News
![Stablecoin market cap jumps $37b, hits record high since Trump’s victory](https://crypto.news/app/uploads/2024/09/crypto-news-Stablecoins-option06-880x523.webp)
News
The market capitalization of stablecoins has jumped by $37.6 billion since U.S. president Donald Trump’s electoral victory in November. A new report from on-chain analytics provider CryptoQuant has revealed that the total value of USD-denominated stablecoins in circulation has jumped…
![SEC backtracks on BUSD security claim, ends Paxos probe](https://crypto.news/app/uploads/2023/02/crypto-news-investigation-880x525.jpeg)
News
The crypto industry notched another win against the U.S. SEC, scoring a de-factor admission that stablecoins are not securities.
![Binance.US under SEC scrutiny for alleged non-compliance in asset custody probe](https://crypto.news/app/uploads/2024/02/crypto-news-Binance-Web3-Wallet-option01-880x525.webp)
News
The U.S. Securities and Exchange Commission (SEC) alleges that Binance.US has not responded to important inquiries about customer assets and other critical aspects of an active investigation. The SEC has expressed concerns in a joint status report to a Washington,…
![How stable are stablecoins?](https://crypto.news/app/uploads/2023/07/Stablecoin03-880x525.jpg)
Feature
Amidst the rollercoaster of cryptocurrency prices, stablecoins promise stability. Yet, with varying levels of resilience and recent depegging events causing concern, the question arises: Are all stablecoins really that stable?
![Binance’s CZ announces BUSD recovery funds conversion to ‘native crypto’](https://crypto.news/app/uploads/2023/02/crypto-news-Binance-low-poly-style-880x525.jpg)
News
Binance CEO has announced that the exchange will convert $1 billion Industry Recovery Initiative funds to native cryptos such as BTC, ETH, and BNB from BUSD. Binance co-founder and CEO, Changpeng “CZ” Zhao announced on March 13 that owing to…
![BUSD market cap drops by $14b amid delisting concerns](https://crypto.news/app/uploads/2023/02/crypto-news-Binance-low-poly-style-880x525.jpg)
News
BUSD’s market cap has dropped below $10 billion from its all-time high set at $23.49 billion on Nov. 15, 2022. The market cap drop is a new all-time low in the past two years as the coin faces a regulatory…
![Coinbase will suspend Binance USD trading](https://crypto.news/app/uploads/2023/02/crypto-news-people-talk-office-background-dark-tones-sixties-retro-futuristic-illustration-880x525.jpg)
News
Coinbase has announced the suspension of trading for Binance USD (BUSD) on its exchange, citing regulatory guidance as the reason for the decision.
![USDC and BUSD in trouble with SEC’s pressure](https://crypto.news/app/uploads/2023/02/crypto-news-electrical-coins-on-the-metal-table-dark-neon-color-galaxy-on-background-cyberpunk-880x525.jpg)
News
The US Securities and Exchange Commission (SEC) issued a Wells notice to the BUSD issuer Paxos earlier this month. Since the Binance CEO, Changpeng Zhao (CZ), broke the news, the second and third-largest stablecoins have witnessed diverse movements. According to…
![Tether claims USDT is overcollateralized](https://crypto.news/app/uploads/2023/02/crypto-news-hologram-with-trading-graphics-virtual-space-on-the-background-dark-neon-color-cyberpunk-880x525.jpg)
News
Tether, a stablecoin tracking the price of USD, is now claiming that every USDT in circulation is backed “in excess of 81% by cash and cash equivalents” without any exposure to commercial paper.
![BUSD’s drama made room for USDT to gather another billion dollars](https://crypto.news/app/uploads/2023/02/crypto-news-the-trading-chart-is-rising-blurry-background-low-poly-style-880x525.jpg)
News
As the controversy around the third-largest stablecoin Binance USD (BUSD) rises, the only gainer among the top US dollar-pegged crypto assets is tether (USDT). Per CoinMarketCap data, the total stablecoin market cap has also risen. The US Securities and Exchange…
![US law firm Pomerantz launches investigation into Paxos](https://crypto.news/app/uploads/2023/02/court-session-blurry-figures-sitting-in-chairs-880x525.jpg)
News
Pomerantz has launched an investigation into Paxos on behalf of customers to unravel any wrongdoing by the Binance USD (BUSD) stablecoin issuer in the wake of the former’s battle with the Securities and Exchange Commission (SEC). Pomerantz investigating Paxos Pomerantz,…
![The crypto community reacts to SEC vs Paxos controversy](https://crypto.news/app/uploads/2023/02/crypto-news-hologram-with-trading-graphics-virtual-space-on-the-background-dark-neon-color-cyberpunk-880x525.jpg)
News
The crypto community has expressed deep concerns regarding the ongoing controversies between Paxos, which has been instructed to halt issuing BUSD stablecoin, and the US SEC. Paxos and SEC collide on the issuance of BUSD Paxos, a leading blockchain infrastructure…
![BUSD inflow on CEXes rises as Paxos disagrees with the SEC](https://crypto.news/app/uploads/2023/02/cryptonews-coins-flying-lightning-in-the-background-blurry-background-low-poly-880x525.jpg)
News
The US Securities and Exchange Commission (SEC) issued a Wells notice to Binance USD’s (BUS) issuer Paxos on Feb. 13. A few hours after the CEO of Binance, Changpeng Zhao (CZ), broke the news, on-chain activity started to rise. According…
![Controversy around BUSD drives calls for decentralization](https://crypto.news/app/uploads/2023/02/usa-statue-of-liberty-us-880x525.jpeg)
News
An account named @frxresearch recently proposed that the cryptocurrency exchange Binance develop its own decentralized stablecoin, similar to DAI.
![USDT trading volumes rise 35% amid BUSD redemption requests](https://crypto.news/app/uploads/2023/02/cryptonews-coins-flying-lightning-in-the-background-blurry-background-low-poly-880x525.jpg)
News
Tether (USDT) trading volumes are up by over 35% less than 12 hours after Paxos, the issuer of BUSD, a competing stablecoin, was directed to stop minting new coins.
![Paxos to stop minting new BUSD stablecoin](https://crypto.news/app/uploads/2023/02/cryptonews-electrical-coins-control-panel-dark-neon-color-galaxy-cyberpunk-880x525.jpg)
News
Paxos, the issuer of BUSD, has been reportedly told to stop issuing the stablecoin.