BofA: Crypto Exchange Binance to Benefit From Increased Supply of BUSD Stablecoin

Name: BofA: Crypto Exchange Binance to Benefit From Increased Supply of BUSD Stablecoin
Uploaded: 2022-09-09T17:59:02Z
Duration: 7 min 441 s
Description: Crypto exchange Binance’s decision to convert all users’ investments in stablecoins USD coin (USDC), trueUSD (TUSD) and pax dollar (USDP) into its native binance USD (BUSD) may generate limited additional revenue in the short term, but could have larger implications in the long term, Bank of America reported.

Sep 9, 2022

Crypto exchange Binance’s decision to convert all users’ investments in stablecoins USD coin (USDC), trueUSD (TUSD) and pax dollar (USDP) into its native binance USD (BUSD) may generate limited additional revenue in the short term, but could have larger implications in the long term, Bank of America reported.

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