Coinbase Lists Binance USD (BUSD) Amid Growing Stablecoin Popularity
On Wednesday, the publicly traded cryptocurrency exchange Coinbase listed Binance USD (BUSD), a stablecoin project of its exchange competitor Binance. BUSD joins Coinbase’s rich offering of stablecoins that already includes Tether, USD Coin, TerraUSD, Dai, Paxos Standard, Rai Reflex Index, and mStable USD. Coinbase clarified in a Twitter post that it is adding support for ETH-based BUSD and that sending the asset on other platforms might result in a loss of funds.