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Coinbase to Suspend Binance USD Stablecoin

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Coinbase will suspend trading of the Binance USD stablecoin on March 13, 2023.

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The decision was attributed to Coinbase's "listing standards." 

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BUSD is the third-largest stablecoin in terms of market capitalization.

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The decision will be replicated on Coinbase.com, Coinbase Pro, Coinbase Exchange, and Coinbase Prime.

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Coinbase assured customers that their BUSD funds would remain accessible, and they would still be able to withdraw them.

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Coinbase's digital asset listings group is responsible for vetting and reviewing assets.

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