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Stablecoins are very versatile within the Binance ecosystem; let me explain how they are used?1. For Trading The base stablecoins for trading are the pres like #USDTšŸ”„šŸ”„šŸ”„ #USDCāœ… and #BUSD are used as base pairs to trade with other cryptocurrencies, allowing you to enter and exit positions in other cryptocurrencies without having to convert your funds to traditional fiat currencies. Protection against times of high volatility in the market by converting your assets to stablecoins, preserving their value, and avoiding losses. They allow you to take advantage of good buying opportunities at low prices using your stablecoins to execute the operation quickly.

Stablecoins are very versatile within the Binance ecosystem; let me explain how they are used?

1. For Trading
The base stablecoins for trading are the pres like #USDTšŸ”„šŸ”„šŸ”„ #USDCāœ… and #BUSD are used as base pairs to trade with other cryptocurrencies, allowing you to enter and exit positions in other cryptocurrencies without having to convert your funds to traditional fiat currencies.
Protection against times of high volatility in the market by converting your assets to stablecoins, preserving their value, and avoiding losses.
They allow you to take advantage of good buying opportunities at low prices using your stablecoins to execute the operation quickly.
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Bullish
$BTC $BTC {future}(BTCUSDT) {future}(USDCUSDT) {spot}(USDPUSDT) šŸš€ The Future of Payments: Why Stablecoins Are Taking Over šŸŒšŸ’ø The way we transact is evolving, and stablecoins are at the forefront of this revolution. With their price stability, speed, and low fees, stablecoins like USDT, USDC, and BUSD are becoming the go-to choice for global payments. Why Stablecoins? āœ… Instant Transactions – No more waiting days for bank transfers. āœ… Low Fees – Say goodbye to high cross-border payment costs. āœ… Stable Value – Pegged to fiat, avoiding crypto volatility. āœ… Global Access – Send and receive money anywhere, anytime. #Binance & Stablecoin Payments; Binance makes it easy to use stablecoins for everyday transactions. Whether you're paying for services, sending money abroad, or shopping online, $USDT, $USDC, and $FDUSD provide a seamless experience. šŸ’” Pro Tip: Use Binance Pay to send crypto instantly with zero fees! The Bottom Line Stablecoins are bridging the gap between crypto and traditional finance, offering a fast, cheap, and reliable payment solution. Are you using stablecoins for payments? Share your experience below! šŸ‘‡ #StablecoinPayments #Binance #USDT #BUSD
$BTC $BTC
šŸš€ The Future of Payments: Why Stablecoins Are Taking Over šŸŒšŸ’ø

The way we transact is evolving, and stablecoins are at the forefront of this revolution. With their price stability, speed, and low fees, stablecoins like USDT, USDC, and BUSD are becoming the go-to choice for global payments.

Why Stablecoins?

āœ… Instant Transactions – No more waiting days for bank transfers.

āœ… Low Fees – Say goodbye to high cross-border payment costs.

āœ… Stable Value – Pegged to fiat, avoiding crypto volatility.

āœ… Global Access – Send and receive money anywhere, anytime.

#Binance & Stablecoin Payments;

Binance makes it easy to use stablecoins for everyday transactions. Whether you're paying for services, sending money abroad, or shopping online, $USDT, $USDC, and $FDUSD provide a seamless experience.

šŸ’” Pro Tip: Use Binance Pay to send crypto instantly with zero fees!

The Bottom Line

Stablecoins are bridging the gap between crypto and traditional finance, offering a fast, cheap, and reliable payment solution.

Are you using stablecoins for payments? Share your experience below! šŸ‘‡

#StablecoinPayments #Binance #USDT #BUSD
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#StablecoinPayments šŸš€ The revolution of digital payments šŸ’³šŸ’° Stablecoins are transforming the way we make global payments, offering stability and speed in every transaction. With giants like Visa and Mastercard integrating payments with stablecoins⁽¹⁾⁽²⁾, the future of digital transactions is closer than ever. šŸ”„ šŸ”¹ Why are stablecoins dominating payments? āœ… Instant transactions – No waiting, fast and secure transfers. āœ… Lower costs – Reduced fees compared to traditional methods. āœ… Security and transparency – Verifiable on-chain operations. šŸ“Œ Key cryptos in stablecoin payments: šŸ’Ž $USDT – The most used stablecoin for global payments. šŸ’Ž $USDC – Regulated and backed 1:1 in dollars, ideal for secure operations. šŸ’Ž $BUSD – Integrated into Binance, facilitating efficient payments and trading. šŸ’Ž $BTC – Although not a stablecoin, it remains key in P2P transactions. šŸ’Ž $ETH – Popular in exchanges and digital payments. šŸ’” Popular use cases: šŸ›’ Online shopping with cryptos without the need for conversion. šŸ’ø International remittances with no hidden fees or waiting times. šŸ” Protection against inflation in unstable economies. šŸ“£ Have you used stablecoins in your payments? Share your experience below and let's continue the conversation. šŸš€šŸ‘‡ #USDT #USDC #BUSD #BTC {spot}(USDCUSDT) {spot}(ETHUSDT) {spot}(BTCUSDT)
#StablecoinPayments šŸš€ The revolution of digital payments šŸ’³šŸ’°

Stablecoins are transforming the way we make global payments, offering stability and speed in every transaction. With giants like Visa and Mastercard integrating payments with stablecoins⁽¹⁾⁽²⁾, the future of digital transactions is closer than ever. šŸ”„

šŸ”¹ Why are stablecoins dominating payments?
āœ… Instant transactions – No waiting, fast and secure transfers.
āœ… Lower costs – Reduced fees compared to traditional methods.
āœ… Security and transparency – Verifiable on-chain operations.

šŸ“Œ Key cryptos in stablecoin payments:
šŸ’Ž $USDT – The most used stablecoin for global payments.
šŸ’Ž $USDC – Regulated and backed 1:1 in dollars, ideal for secure operations.
šŸ’Ž $BUSD – Integrated into Binance, facilitating efficient payments and trading.
šŸ’Ž $BTC – Although not a stablecoin, it remains key in P2P transactions.
šŸ’Ž $ETH – Popular in exchanges and digital payments.

šŸ’” Popular use cases:
šŸ›’ Online shopping with cryptos without the need for conversion.
šŸ’ø International remittances with no hidden fees or waiting times.
šŸ” Protection against inflation in unstable economies.

šŸ“£ Have you used stablecoins in your payments? Share your experience below and let's continue the conversation. šŸš€šŸ‘‡

#USDT #USDC #BUSD #BTC
#StablecoinPayments Stablecoin payments on Binance offer a stable and efficient way to transact. Here's an overview: Benefits 1. *Low Volatility*: Stablecoins like #USDC #USDT , and #BUSD maintain a stable value, reducing price risks. 2. *Fast Transactions*: Stablecoin transactions are processed quickly, enabling fast settlements. 3. *Global Accessibility*: Stablecoins can be sent and received globally, making them ideal for cross-border payments. Popular Stablecoins on Binance 1. *USDT (Tether)*: One of the most widely used stablecoins. 2. *USDC (USD Coin)*: A popular stablecoin backed by Circle and Coinbase. 3. *BUSD (Binance USD)*: A stablecoin issued by Binance and Paxos. $USDC {spot}(USDCUSDT)
#StablecoinPayments Stablecoin payments on Binance offer a stable and efficient way to transact. Here's an overview:

Benefits

1. *Low Volatility*: Stablecoins like #USDC #USDT , and #BUSD maintain a stable value, reducing price risks.

2. *Fast Transactions*: Stablecoin transactions are processed quickly, enabling fast settlements.

3. *Global Accessibility*: Stablecoins can be sent and received globally, making them ideal for cross-border payments.

Popular Stablecoins on Binance

1. *USDT (Tether)*: One of the most widely used stablecoins.

2. *USDC (USD Coin)*: A popular stablecoin backed by Circle and Coinbase.

3. *BUSD (Binance USD)*: A stablecoin issued by Binance and Paxos.
$USDC
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#StablecoinPayments šŸš€ The key to fast and secure transactions šŸ’° In a world where volatility is constant, stablecoins are revolutionizing digital payments, offering stability and efficiency in every transaction. šŸ”„ šŸ”¹ Why are stablecoins essential for payments? āœ… Fast transactions: No waiting, instant fund transfers. āœ… Lower costs: Reduced fees compared to traditional methods. āœ… Security and transparency: Verifiable on-chain operations. šŸ“Œ Key cryptos in payments with stablecoins: šŸ’Ž $USDT – The most used stablecoin for global payments. šŸ’Ž $USDC – Regulated and backed 1:1 in dollars, ideal for secure operations. šŸ’Ž $BUSD – Integrated into Binance, facilitating efficient payments and trading. šŸ’” Popular use cases: Sending remittances without intermediaries. Instant payments in digital businesses. Protection against inflation in unstable economies. šŸ“£ Have you used stablecoins in your payments? Share your experience below and let’s keep the conversation going. šŸš€šŸ‘‡ #CryptoAdoption #BUSD #BTC #BinanceAlphaAlert $BNB $BTC {spot}(BTCUSDT) {spot}(ETHUSDT) {spot}(USDCUSDT)
#StablecoinPayments šŸš€ The key to fast and secure transactions šŸ’°

In a world where volatility is constant, stablecoins are revolutionizing digital payments, offering stability and efficiency in every transaction. šŸ”„

šŸ”¹ Why are stablecoins essential for payments?
āœ… Fast transactions: No waiting, instant fund transfers.
āœ… Lower costs: Reduced fees compared to traditional methods.
āœ… Security and transparency: Verifiable on-chain operations.

šŸ“Œ Key cryptos in payments with stablecoins:
šŸ’Ž $USDT – The most used stablecoin for global payments.
šŸ’Ž $USDC – Regulated and backed 1:1 in dollars, ideal for secure operations.
šŸ’Ž $BUSD – Integrated into Binance, facilitating efficient payments and trading.

šŸ’” Popular use cases:

Sending remittances without intermediaries.
Instant payments in digital businesses.
Protection against inflation in unstable economies.

šŸ“£ Have you used stablecoins in your payments? Share your experience below and let’s keep the conversation going. šŸš€šŸ‘‡

#CryptoAdoption #BUSD #BTC #BinanceAlphaAlert $BNB $BTC
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Bullish
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USDT (Tether) The most popular and widely used globally. Backed by massive liquidity on almost all platforms, including Binance. Its only drawback is that it has some controversy regarding transparency. USDC (USD Coin) Issued by Circle and Coinbase, more transparent than USDT. Backed by declared and organized reserves. A bit less popular than USDT, but reliable and safe. BUSD (Binance USD) Was backed by Binance, but after U.S. regulatory issues, issuance stopped, yet traders still use it. Currently being phased out, so not preferred for long-term holding, but excellent for temporary trading (if you still have it available). DAI (Decentralized USD) A decentralized stablecoin backed by crypto collateral, such as ETH and BTC. Excellent for people who prefer decentralization and want to stay away from company-backed currencies. Its volatility is sometimes minor, but it remains a stablecoin. TUSD (TrueUSD) A stablecoin fully backed by the dollar and audited by external firms. Recently backed by Binance, but beware: it has faced some regulatory concerns. Excellent for short-term and low-spread trading. My personal advice? If you want to trade: USDT or USDC are better. If you want to hold more securely: USDC and DAI are more reassuring options. And if you like cautious adventure: keep an eye on stablecoin news as they are more sensitive to any legal or regulatory issues. #USDT #USDC #BUSD
USDT (Tether)

The most popular and widely used globally.

Backed by massive liquidity on almost all platforms, including Binance.

Its only drawback is that it has some controversy regarding transparency.

USDC (USD Coin)

Issued by Circle and Coinbase, more transparent than USDT.

Backed by declared and organized reserves.

A bit less popular than USDT, but reliable and safe.

BUSD (Binance USD)

Was backed by Binance, but after U.S. regulatory issues, issuance stopped, yet traders still use it.

Currently being phased out, so not preferred for long-term holding, but excellent for temporary trading (if you still have it available).

DAI (Decentralized USD)

A decentralized stablecoin backed by crypto collateral, such as ETH and BTC.

Excellent for people who prefer decentralization and want to stay away from company-backed currencies.

Its volatility is sometimes minor, but it remains a stablecoin.

TUSD (TrueUSD)

A stablecoin fully backed by the dollar and audited by external firms.

Recently backed by Binance, but beware: it has faced some regulatory concerns.

Excellent for short-term and low-spread trading.

My personal advice?
If you want to trade: USDT or USDC are better.
If you want to hold more securely: USDC and DAI are more reassuring options.
And if you like cautious adventure: keep an eye on stablecoin news as they are more sensitive to any legal or regulatory issues.

#USDT #USDC #BUSD
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The difference between cryptocurrencies and stablecoins Many beginners confuse cryptocurrencies with stablecoins. The main difference: Cryptocurrencies like BTC and ETH: Their price changes daily. Stablecoins like USDT and BUSD: Usually stable at 1 dollar. When to use each one? For trading: Use cryptocurrencies. For saving or avoiding volatility: Use stablecoins. #bitcoin #Ethereum #USDT #BUSD
The difference between cryptocurrencies and stablecoins

Many beginners confuse cryptocurrencies with stablecoins.
The main difference:

Cryptocurrencies like BTC and ETH: Their price changes daily.

Stablecoins like USDT and BUSD: Usually stable at 1 dollar.

When to use each one?

For trading: Use cryptocurrencies.

For saving or avoiding volatility: Use stablecoins.

#bitcoin #Ethereum #USDT #BUSD
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Bullish
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#bnb swap CTG galĆ”tico pancake swep #busd 1 busd igual a 1 CTGšŸŽ‰šŸ”„ā˜•
#bnb swap CTG galĆ”tico pancake swep #busd 1 busd igual a 1 CTGšŸŽ‰šŸ”„ā˜•
**šŸ’” Earn $10 on Binance Easily & Risk-Free! šŸš€** Looking to make $10 with minimal risk? Here are some smart strategies you can start today: 1ļøāƒ£ **Binance Earn - Flexible Savings** - Deposit your crypto into Flexible Savings and earn daily interest. - Perfect for earning passive income with stablecoins like #USDT or #BUSD . 2ļøāƒ£ **Staking Rewards** - Stake popular tokens or stablecoins to earn consistent returns. - Look for low lock-up periods and high #APY opportunities! 3ļøāƒ£ **Spot Trading - Low Risk** - Trade stablecoin pairs like **#BUSD /#USDT ** and profit from small price changes. - Great for quick, low-risk scalping gains. 4ļøāƒ£ **Referral Program** - Invite friends to Binance and earn commissions from their trading fees. - Easy money while helping others join the crypto journey! 5ļøāƒ£ **Learn and Earn** - Complete Binance’s educational quizzes and earn free crypto rewards. - Learn while you earn — a win-win! 6ļøāƒ£ **Launchpool Opportunities** - Stake tokens in Launchpool to earn newly launched tokens. - No risk of losing funds, and you can unlock extra rewards! šŸ“ˆ Start exploring these options and grow your earnings step by step. šŸ’¬ **Which strategy will you try first? Comment below and let’s discuss!**
**šŸ’” Earn $10 on Binance Easily & Risk-Free! šŸš€**

Looking to make $10 with minimal risk? Here are some smart strategies you can start today:

1ļøāƒ£ **Binance Earn - Flexible Savings**
- Deposit your crypto into Flexible Savings and earn daily interest.
- Perfect for earning passive income with stablecoins like #USDT or #BUSD .

2ļøāƒ£ **Staking Rewards**
- Stake popular tokens or stablecoins to earn consistent returns.
- Look for low lock-up periods and high #APY opportunities!

3ļøāƒ£ **Spot Trading - Low Risk**
- Trade stablecoin pairs like **#BUSD /#USDT ** and profit from small price changes.
- Great for quick, low-risk scalping gains.

4ļøāƒ£ **Referral Program**
- Invite friends to Binance and earn commissions from their trading fees.
- Easy money while helping others join the crypto journey!

5ļøāƒ£ **Learn and Earn**
- Complete Binance’s educational quizzes and earn free crypto rewards.
- Learn while you earn — a win-win!

6ļøāƒ£ **Launchpool Opportunities**
- Stake tokens in Launchpool to earn newly launched tokens.
- No risk of losing funds, and you can unlock extra rewards!

šŸ“ˆ Start exploring these options and grow your earnings step by step.
šŸ’¬ **Which strategy will you try first? Comment below and let’s discuss!**
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See original
🚨 BUSD: From 23 billion to 50 million, tears of an era? šŸ’§ Once the third largest stablecoin, now only $50M left on Ethereum...😢 Zhao Changpeng lamented: BUSD is great, but it was stifled by Operation Chokepoint 2.0. Good news? A new generation of stablecoins has already emerged on BSC! šŸ”„šŸ’° Old king descends, new king ascends? Which one do you have the most faith in? šŸ‘‡ #BUSD #bnb #sol #DOGE #layer $XRP $W $CAKE
🚨 BUSD: From 23 billion to 50 million, tears of an era? šŸ’§
Once the third largest stablecoin, now only $50M left on Ethereum...😢 Zhao Changpeng lamented: BUSD is great, but it was stifled by Operation Chokepoint 2.0.
Good news? A new generation of stablecoins has already emerged on BSC! šŸ”„šŸ’°
Old king descends, new king ascends? Which one do you have the most faith in? šŸ‘‡
#BUSD #bnb #sol #DOGE #layer $XRP $W $CAKE
AnnouncementWebKeyDao Suffers $73,000 Loss in Hacker Attack AI Summary According to Odaily, Web3 launcher platform WebKeyDao has been targeted by hackers, resulting in a loss of approximately $73,000. The attackers exploited an unprotected function to purchase wkeyDao tokens at a low price and subsequently sold them on a decentralized exchange for profit. Specifically, the hackers used a vulnerability in the contract's buy function to acquire 230 wkeyDao tokens for 1159 BUSD. They then sold these tokens on a DEX for 13,167 BUSD, achieving nearly ten times the initial investment. #BUSD

Announcement

WebKeyDao Suffers $73,000 Loss in Hacker Attack
AI Summary
According to Odaily, Web3 launcher platform WebKeyDao has been targeted by hackers, resulting in a loss of approximately $73,000. The attackers exploited an unprotected function to purchase wkeyDao tokens at a low price and subsequently sold them on a decentralized exchange for profit. Specifically, the hackers used a vulnerability in the contract's buy function to acquire 230 wkeyDao tokens for 1159 BUSD. They then sold these tokens on a DEX for 13,167 BUSD, achieving nearly ten times the initial investment. #BUSD
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Binance How to invest it in the correct and permissible way in Islam To invest a small amount such as $7 in the Binance platform in a correct way that is in accordance with Islamic law, and in compliance with Sharia controls. Here are some tips: 1. Avoid leveraged trading Leverage trading has legal doubts due to the interest and debt involved Invest only with what you own without borrowing 2. Choose halal cryptocurrencies Make sure that the cryptocurrency you want to invest in is used in projects that have a legitimate interest and is not related to forbidden practices (such as gambling or usury) Currencies that are often considered legitimate include: Bitcoin ($BTC ), Ethereum ($ETH ), but always check the legitimacy of the currency carefully 3. Use only a Spot account A Spot account means that you buy the currency and own it entirely, which is the closest to legitimacy in trading 4. Trade with small amounts and monitor fees With small capital, fees can greatly affect profits, so choose currencies with low trading fees 5. Invest in stablecoins You can invest in stablecoins such as #USDT Or #BUSD and keep your money as a temporary reserve until a suitable trading opportunity arises 6. Learning and monitoring Do not rush into investing. Spend time learning about trading and avoid random speculation 7. First and last, you should seek guidance from God before starting any investment.
Binance How to invest it in the correct and permissible way in Islam To invest a small amount such as $7 in the Binance platform in a correct way that is in accordance with Islamic law, and in compliance with Sharia controls. Here are some tips:
1. Avoid leveraged trading
Leverage trading has legal doubts due to the interest and debt involved
Invest only with what you own without borrowing
2. Choose halal cryptocurrencies
Make sure that the cryptocurrency you want to invest in is used in projects that have a legitimate interest and is not related to forbidden practices (such as gambling or usury)
Currencies that are often considered legitimate include: Bitcoin ($BTC ), Ethereum ($ETH ), but always check the legitimacy of the currency carefully
3. Use only a Spot account
A Spot account means that you buy the currency and own it entirely, which is the closest to legitimacy in trading
4. Trade with small amounts and monitor fees
With small capital, fees can greatly affect profits, so choose currencies with low trading fees
5. Invest in stablecoins
You can invest in stablecoins such as #USDT Or #BUSD and keep your money as a temporary reserve until a suitable trading opportunity arises
6. Learning and monitoring
Do not rush into investing. Spend time learning about trading and avoid random speculation
7. First and last, you should seek guidance from God before starting any investment.
Breaking :- Binance Will stop supporting BUSD 🚨 As many users recieved notification from binance itself binance will stop supporting BUSD the reason as stated by binance is that paxos Would stop redeeming The busd and Eventually By feb 2024 Binance would also stop supporting BUSD. There is nothing to be worried there is a lot of time so u can covert it to usdt or any other stablecoin in the time stated. Also there is no fud around the thing so Don’t panic , There is a lot of time In the stoppage. #busd #binance
Breaking :- Binance Will stop supporting BUSD 🚨

As many users recieved notification from binance itself binance will stop supporting BUSD the reason as stated by binance is that paxos Would stop redeeming The busd and Eventually By feb 2024 Binance would also stop supporting BUSD.

There is nothing to be worried there is a lot of time so u can covert it to usdt or any other stablecoin in the time stated.

Also there is no fud around the thing so Don’t panic , There is a lot of time In the stoppage.

#busd #binance
#BUSD $USDC {spot}(USDCUSDT) {future}(BTCUSDT) Stablecoin Issuer Paxos Burns $700M Binance USD in 27 Hours Amid Regulatory Pressure. The BUSD supply decreased by more than 6% since Monday. Paxos, the issuer of the $16 billion Binance USD (BUSD) stablecoin, has burned more than $700 million of BUSD tokens since Monday. Paxos, the issuer of the $16 billion Binance USD (BUSD) stablecoin, has burned more than $700 million of BUSD tokens since Monday.
#BUSD $USDC

Stablecoin Issuer Paxos Burns $700M Binance USD in 27 Hours Amid Regulatory Pressure.

The BUSD supply decreased by more than 6% since Monday.

Paxos, the issuer of the $16 billion Binance USD (BUSD) stablecoin, has burned more than $700 million of BUSD tokens since Monday.

Paxos, the issuer of the $16 billion Binance USD (BUSD) stablecoin, has burned more than $700 million of BUSD tokens since Monday.
#TradeNTell #busd #BTC The indicator worked perfectly for Bitcoin, capturing all fluctuations. It seems Bitcoin has decided to initiate an upward correction, likely within the range of 41800-43600, as indicated by the indicator signal.
#TradeNTell #busd #BTC The indicator worked perfectly for Bitcoin, capturing all fluctuations. It seems Bitcoin has decided to initiate an upward correction, likely within the range of 41800-43600, as indicated by the indicator signal.
🚨🚨 Binance Margin and Binance Futures will be delisting BUSD in accordance with the following timelines. ā€¼ļø •At 2023-12-01 06:00 (UTC), Binance Margin will suspend BUSD/USDT isolated margin borrowing. •At 2023-12-11 09:00 (UTC), Binance Margin will close users’ positions, conduct an automatic settlement and cancel all pending orders on the BUSD/USDT and TUSD/BUSD cross margin pairs, as well as the BUSD/USDT isolated margin pair. If users have any outstanding Cross Margin or Isolated Margin loans, both the delisted assets and any other assets held in their Cross and Isolated Margin accounts may be sold to repay the outstanding liabilities. These pairs will then be removed from Cross Margin and Isolated Margin.Ā  •Please note that users will not be able to update their positions during the delisting process, and they are strongly advised to close their positions and/or transfer their assets from Margin Wallets to Spot Wallets prior to the cessation of margin trading at 2023-12-11 09:00 (UTC). Binance Margin will not be responsible for any potential losses.Ā  •Portfolio Margin users are advised to transfer the tokens mentioned above out of their Margin Wallet to their Spot Wallet and to top up their margin balance before 2023-12-11 09:00 (UTC) where applicable. Users should monitor the Unified Maintenance Margin Ratio (Uni-MMR) closely to avoid any potential liquidation that may result from the removal of the tokens mentioned above from the Margin Wallet. •All BUSD balances in Cross Margin Wallets under the Portfolio Margin account will be automatically converted to USDT from 2023-12-11 09:00 (UTC). The conversion may take approximately 24 hours or longer. Binance Margin will not be liable for any losses on new positions during this period that may incur due to the conversion of funds. #binance Ā  #busd
🚨🚨 Binance Margin and Binance Futures will be delisting BUSD in accordance with the following timelines. ā€¼ļø

•At 2023-12-01 06:00 (UTC), Binance Margin will suspend BUSD/USDT isolated margin borrowing.

•At 2023-12-11 09:00 (UTC), Binance Margin will close users’ positions, conduct an automatic settlement and cancel all pending orders on the BUSD/USDT and TUSD/BUSD cross margin pairs, as well as the BUSD/USDT isolated margin pair. If users have any outstanding Cross Margin or Isolated Margin loans, both the delisted assets and any other assets held in their Cross and Isolated Margin accounts may be sold to repay the outstanding liabilities. These pairs will then be removed from Cross Margin and Isolated Margin.Ā 

•Please note that users will not be able to update their positions during the delisting process, and they are strongly advised to close their positions and/or transfer their assets from Margin Wallets to Spot Wallets prior to the cessation of margin trading at 2023-12-11 09:00 (UTC). Binance Margin will not be responsible for any potential losses.Ā 

•Portfolio Margin users are advised to transfer the tokens mentioned above out of their Margin Wallet to their Spot Wallet and to top up their margin balance before 2023-12-11 09:00 (UTC) where applicable. Users should monitor the Unified Maintenance Margin Ratio (Uni-MMR) closely to avoid any potential liquidation that may result from the removal of the tokens mentioned above from the Margin Wallet.

•All BUSD balances in Cross Margin Wallets under the Portfolio Margin account will be automatically converted to USDT from 2023-12-11 09:00 (UTC). The conversion may take approximately 24 hours or longer. Binance Margin will not be liable for any losses on new positions during this period that may incur due to the conversion of funds.

#binance Ā  #busd
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The increase in the supply of stablecoins indicates that the rise of cryptocurrencies is not over yet: IntoTheBlock indicated on Friday that the total supply of stablecoins has risen to $219 billion, demonstrating continued growth in the cryptocurrency market and that it has not peaked yet. According to historical data, the supply of stablecoins often peaks during market recoveries, with the previous peak recorded at $187 billion in April 2022 before the decline began. With the current supply exceeding its previous level and continuing to rise, it appears that the market is still in a growth phase. After falling below $77,000 this week, the price of Bitcoin rebounded, surpassing $85,000 on Friday morning, according to TradingView data. Currently, it is trading above $84,000, recording a 1% increase over 24 hours. This rise coincides with an increase in the market capitalization of major stablecoins, such as USDT, USDC, BUSD, and DAI, which rose from about $204 billion to over $205 billion between March 10 and 14, according to Glassnode data. Stablecoins play a key role in linking fiat currencies to crypto markets, as they are used in most trading pairs and enhance market liquidity. #IntoTheBlock #Glassnode #dai #BUSD #usd $DASH {future}(DASHUSDT) $USDC {spot}(USDCUSDT)
The increase in the supply of stablecoins indicates that the rise of cryptocurrencies is not over yet:
IntoTheBlock indicated on Friday that the total supply of stablecoins has risen to $219 billion, demonstrating continued growth in the cryptocurrency market and that it has not peaked yet.

According to historical data, the supply of stablecoins often peaks during market recoveries, with the previous peak recorded at $187 billion in April 2022 before the decline began.

With the current supply exceeding its previous level and continuing to rise, it appears that the market is still in a growth phase.

After falling below $77,000 this week, the price of Bitcoin rebounded, surpassing $85,000 on Friday morning, according to TradingView data.

Currently, it is trading above $84,000, recording a 1% increase over 24 hours.

This rise coincides with an increase in the market capitalization of major stablecoins, such as USDT, USDC, BUSD, and DAI, which rose from about $204 billion to over $205 billion between March 10 and 14, according to Glassnode data.

Stablecoins play a key role in linking fiat currencies to crypto markets, as they are used in most trading pairs and enhance market liquidity.

#IntoTheBlock
#Glassnode
#dai #BUSD #usd
$DASH
$USDC
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