Binance no longer supports USDC! ⚠️
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▫️Binance, the largest digital currency exchange in the world, announced on Monday with the release of unexpected announcements that from September 29, the available stablecoins USDC, USDP and TUSD in this exchange will be automatically converted to Binance's exclusive stablecoin, BUSD.
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▫️Although users can withdraw these three digital currency until September 29, but in case of deposit using one of these mentioned wishes, automatic conversion to BUSD will be done. Also, all spot and futures sports that are taken with one of these wishes will start from this date.
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▫️It was previously predicted that by the end of this year, USDC, which is a company issuing Circle, will replace Tether (USDT) and introduce itself as the largest stable coin in the market.
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▫️Although this is a big blow to the company Circle and USDC, but the CEO of this company in a comment trying to downplay this decision, it is said that the use of USDC is increasing every day.
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