Paxos and Binance end their partnership for BUSD, halting its minting

Paxos and Binance end their partnership for BUSD, halting its minting


CryptoNewsZ
2023-02-14 11:02:35

Paxos has published a media statement to announce that it will soon halt the minting of BUSD. The development comes after the blockchain and tokenization infrastructure platform announced that it would end its relationship with Binance for the issuance of BUSD. This goes into effect on February 21, 2023; however, the reserves will continue to …