Binance will stop lending services for native stablecoin BUSD
Crypto Exchange Binance will stop lending services for its native stablecoin Binance USD (BUSD) till 25 October. According to the announcement of 3 October, Binance will stop all the due BUSD load and collateral positions till the end of month. Users will still be capable of using Tether, Dai, TrueUSD (TUSD) and USD coins like stablecoin for taking and giving loans. Along with this users can give 3% on
Binance acquired estimated annual percentage to their BUSD loan at present. According to the information, Binance is planning to stop all the services joined with stablecoin till 2024.
