Binance announced it will delist the Pax Dollar (USDP) stablecoin from spot trading starting September 24, automatically canceling all pending orders and ending margin, lending, payments, and other services on staggered dates before then. Withdrawals of USDP will remain available until November 24, giving users two months to move their funds. Binance may convert any remaining USDP balances into another stablecoin after November 25 but has not confirmed the replacement or exchange rates. Paxos, the issuer of USDP, confirmed the stablecoin remains fully backed by cash and cash equivalents and continues to offer one-to-one dollar redemption. This delisting reflects Binance's periodic review of assets based on trading volume, liquidity, and regulatory factors, but does not indicate any loss of backing or redemption capability for USDP outside Binance.
Coinbase has been identified as the third-largest holder of XRP after blockchain data platforms labeled 146 previously unknown wallets as Coinbase-owned, totaling 5.5 billion XRP. This update corrected an earlier automated alert that mistakenly sugge...
Iran has relaxed some currency controls, permitting exporters to use foreign revenues directly for imports and to settle certain cross-border payments with Bitcoin and USDT. This move aims to facilitate trade despite ongoing US sanctions that restric...
The debate over Robinhood Chain's fee structure has expanded from a simple cost argument to a broader discussion involving Solana, Arbitrum, and BNB Chain about who should profit from network activity and how to fund long-term development. Solana's c...
Bhutan has transferred 400 Bitcoin, worth about $30.62 million, to an unlabeled address, reducing its tracked sovereign Bitcoin holdings to 518 BTC from a peak of 13,000 BTC in October 2024. Most transfers are linked to the sovereign wealth fund, Dru...
Solana's decentralized platform has surged to fourth place in global Zcash (ZEC) spot trading volume, reaching about $64 million in 24 hours. This marks a 220% increase and positions Solana alongside top centralized exchanges like Binance, Coinbase, ...
