Venus BUSD
The Nansen researcher also noted there's $1.8 billion USDC in Binance's main wallet today, the highest it has been in 90 days.
Crypto journalist Martin Lee tweeted that he is impressed by the major USDC increase on Binance following the “BUSD news.” He stated that Binance has observed a 1.5 billion USDC growth in just the last 7 days. Interesting to see the amount of USDC on Binance increase so much since the BUSD news (ov…
Trading volume on decentralized finance platform Curve Finance (CRV) is going parabolic following news that Paxos will stop issuing Binance USD (BUSD).
Summary: An Aave governance proposal from community member Marc Zeller suggested freezing BUSD reserves on the Ethereum blockchain. The freeze would affect Aave V2 on Ethereum’s marketplace, per the proposal. Aave functions as a decentralized finance (DeFi) lending protocol that runs atop the Ether…