made on Monday, Binance explained that it plans to auto-convert certain stablecoin balances if the funds are not removed by September 29, 2022.
“Fellow Binancians, in order to enhance liquidity and capital-efficiency for users, Binance is introducing BUSD Auto-Conversion for users’ existing balances and new deposits of USDC, USDP and TUSD stablecoins at a 1:1 ratio,” the exchange said on September 5. Then the announcement further notes that Binance is sunsetting a few specific spot trading pairs.
The pairs will be removed before the auto-conversion September 29 deadline and they will cease trading three days prior to the cut-off. “Binance will remove and cease trading on the following spot trading pairs at 2022-09-26 03:00 : USDC/BUSD, USDC/
Sounds like a big victory for usdt as for me
Strange move
Congratulations to everyone who chose USDT back time.
I think the USDC has been playing a bad game for a long time and now everything will fall into place. There's not even enough provision.
Any other stablecoin can easily take USDC's place.
Why do exchanges need these pairs if no one uses USDC?🤷♂️
$LUNC 1$ on this December ?
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I don't understand why there's a need to choose it over tether anyway
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Not surprised. USDC is a fake stable. It will go down like UST pretty soon.
just arround 100 scam bot replies on that post 🤦♀️
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🚀 Thnks a millon
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