Binance is set to cease support for Binance USD (BUSD) starting December 15th, following Paxos’ decision to stop minting new BUSD coins.Users are advised to withdraw or convert their BUSD into other assets before December 15th, after which withdrawals will be disabled and remaining balances converted into First Digital USD (FDUSD).This phase-out affects various Binance services, including spot trading, futures, margin trading, and other financial products, marking a significant change in the cryptocurrency exchange landscape.
