Tagged: busd

Binance USD Exceeds $11B Market Cap, as Binance CEO Commits to Working with Authorities to Ensure Compliance

Binance USD, a major stablecoin issued by crypto exchange Binance, has reached its $10B market cap milestone and has entered the top 10 digital currency rankings, the company confirmed in a blog post on July 15, 2021. Binance USD has already exceeded $11 billion in… Read More

Mettalex, a Decentralized Crypto and Commodities Derivatives Exchange, Launches DEX Yield Farming

Mettalex, a decentralized cryptocurrency and traditional commodities derivatives trading platform that is powered by Fetch.ai, reveals that it has launched DEX Yield Farming for commodities, adding new markets to the decentralized finance (DeFi) ecosystem. Liquidity providers are now able to generate a “highly-competitive” yield by… Read More

Digital Asset Payment Service Provider Banxa Integrates its Crypto to Fiat Gateway with Bancor

Banxa, an established payment service provider (PSP) for the crypto-asset sector, has reportedly integrated its crypto-to-fiat gateway with Bancor, a liquidity protocol enabling automated cross-chain swaps and liquidity provision to various digital tokens. Through this latest integration, Bancor users will have the option to buy… Read More

Kava Labs, which Aims to Democratize Financial Services, Reveals Kava 5, Hard V2 are Live, Supporting Fully-Functional Lending Platform

Adam Turman, Developer Support Engineer at Kava Labs Inc, which is focused on “democratizing” financial services and making them more accessible to “anyone, anywhere” across the globe, notes that Kava Labs is pleased to introduce new features and enhancements they’ve been working on recently. Turman… Read More

MicroWorkers Integrates with Ontology’s ONTO Digital Wallet to Facilitate Additional Payment Options for Workers

MicroWorkers has integrated Ontology’s ONTO wallet in order to facilitate additional payment options for workers. MicroWorkers’ integration of ONTO wallet completes the latest phase in their joint venture with the Ontology development team. Through the partnership, MicroWorkers plans to continue to promote users’ access to… Read More

Open Financial Services Platform Kava Labs Announces Major Updates including Harvest.io, a Cross-Chain Money Market Solution

Kava Labs, which is focused on the ongoing development of Kava (KAVA), a blockchain-based platform that aims to offer a foundation for various open financial services, has announced the launch of the Kava 4 Gateway.  Brian Kerr, CEO at Kava Labs, confirmed that the Kava… Read More

Binance Now Hosting $128 Million worth of Stablecoins on its Liquid Swap Platform

Binance, the world’s largest digital asset exchange, has confirmed that it’s been a month since it launched Binance Liquid Swap. The exchange also revealed that the platform is now hosting over $128 million worth of stablecoins, as of October 3, 2020. The Binance team further… Read More

Binance USD, a Stablecoin Created in Partnership with Paxos, Claims $3.8 Billion in Total Transactions in Year One

Stablecoin Binance USD (BUSD) is said to have completed $3.8 billion in total transactions and $2.4 billion issued after just one year of being live and in the wild. BUSD was approved by the New York Department of Financial Services (NYDFS). Created in partnership between… Read More

Zilliqa to Work with Binance on Dollar based Stablecoin

Zilliqa, an enterprise-level blockchain platform, says it will work with Binance to bring the BUSD stablecoin onto the Zilliqa network. The BUSD stablecoin, issued in partnership with the Paxos Trust Company, is regulated by the New York Department of Financial Services and audited on a… Read More

BitTorrent & µTorrent Now Accept Binance’s USD-Backed Stablecoin “BUSD”

BitTorrent announced on Thursday its customers may purchase BitTorrent and µTorrent Classic Pro with BUSD, Binance’s USD-backed stablecoin, as well as BNB (BEP2), the native asset on Binance Chain. BitTorrent reported that BUSD joins TRX, BNB, BTC, BTT, and OKB as the sixth cryptocurrency accepted on the… Read More

Binance to Reportedly Launch its Stablecoin BUSD on Harmony Protocol’s Blockchain Network

Binance, the world’s largest cryptocurrency exchange, will reportedly launch its stablecoin, Binance USD (BUSD) on Harmony protocol’s blockchain network. Stephen Tse, founder at Harmony, noted via Twitter that the launch is “just in time for Harmony’s Binance Launchpad anniversary.”   BREAKING: @binance USD (BUSD) will… Read More

Binance USD (BUSD) Stablecoin Added to KyberSwap Exchange and other dApps based on Kyber Network

BUSD (Binance USD), a stablecoin pegged 1:1 with the US dollar, will be accessible via the KyberSwap exchange and other decentralized applications (dApps) and platforms that are based on the Kyber Network, a widely-used on-chain liquidity protocol in the decentralized finance (DeFi) space. BUSD has… Read More

BUSD: Binance Partners with BitPay on Stablecoin Payments

Crypto exchange Binance has partnered with BitPay, a provider of blockchain payment services, to “drive adoption of Binance’s stablecoin, BUSD. According to a note from Binance, BitPay will enable merchants to accept BUSD around the world. Support for BUSD in the BitPay wallet goes live… Read More

Total Market Cap for Ethereum-based Stablecoins Increased Over 95% Year-to-Date: Report

The combined market capitalization of Ethereum (ETH)-powered stablecoins (digital assets pegged to major fiat currencies or other real-world assets) has surged by over 95% year-to-date. The total market cap of all ETH-based stablecoins stands at around $6.25 billion. Research conducted by The Block reveals that… Read More

Digital Asset Exchange Binance Introduces P2P Crypto Trading Options with Five Major Latin American Fiat Currencies

Digital asset exchange Binance has introduced peer-to-peer (P2P) cryptocurrency trading options which support five major Latin American fiat currencies. Traders that use Binance’s P2P exchange will be able to purchase and sell digital currencies directly with the Argentine peso (ARS), Brazilian real (BRL), Colombian peso… Read More

Cryptocurrency Exchange Binance to List Tezos (XTZ) on Binance.US, to Support Trades with Binance USD, and US Dollars

Binance, the world’s largest cryptocurrency exchange by adjusted trading volume, has announced that Binance.US, the trading platform’s US-based division, will begin listing Tezos (XTZ) on March 16, 2020 at 9:00 AM EST. As mentioned on the exchange operator’s official website, Binance.US will support trading for… Read More

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