Binance Suddenly Converts $1 Billion From Industry Recovery Initiative to Bitcoin, Ether, BNB – Here’s Why

Source: AdobeStock/Iryna Budanova Binance has confirmed plans to convert $1 billion worth of Binance USD (BUSD) from an industry recovery initiative into native crypto assets such as Bitcoin, Ethereum and BNB. In a tweet on Monday, Binance CEO Changpeng Zhao said that the world’s largest cryptocurrency exchange will allocate the remaining $1 billion in funding […]

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