Binance to Convert USDC, USDP, and TUSD Stablecoin Balances to BUSD (Binance USD)
Binance has announced a somewhat radical change to the way it handles certain stablecoins on its platform – starting on September 29, the exchange will begin “auto-converting” USD Coin (USDC), Pax Dollar (USDP), and True USD (TUSD) to Binance USD (BUSD) at a 1:1 ratio.