Subscribe To Our Free Newsletter |
Binance to convert users’ USD Coin into its own stablecoin
Stablecoins are a type of cryptocurrency designed to maintain a constant value, for example through a 1:1 U.S. dollar peg. They play a crucial role in facilitating crypto trading, and allow traders to store idle crypto cash without converting it back into fiat currency.Binance said it will stop trading on spot pairs.