Binance Announces to end supports of BUSD Service
Binance announced on August 31, 2023, that it will gradually end support for BUSD products, starting with delisting eight BUSD trading pairs on September 10, 202312.
The reason for this decision is that Paxos, the issuer of BUSD, has stopped minting new BUSD tokens and has asked Binance to redeem all existing BUSD tokens by February 2024.
Binance is offering no-fee swaps for users who want to convert their BUSD balances into other stablecoins, such as FDUSD, USDC, or USDT
Looking at the above statements from Binance, am asking myself, what will happen to BUSD that is locked on DAPPS pools like Pinksale or others for much time like 2 years from now??
Anyone knows what will happen drop a comment below, and don't forget to hit the follow button,
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