Binance Converts $1 Billion BUSD to Bitcoin/Ethereum/BNB After USDC De-pegg

Binance Converts $1 Billion BUSD to Bitcoin, Ethereum, and BNB After the Banking Collapses

Stablecoins are coming under increasing pressure due to the current crisis, which has witnessed the failure of three large cryptocurrency-backing institutions in the previous few days. Binance has begun changing the remaining portion of its one billion dollar industry recovery funds into other crypto assets as a direct reaction to the latest collapse of at … Read more