The exchange is adding new USD1 trading pairs and replaces BUSD collateral with the token.
Binance Overhauls Stablecoin Trading with Trump-Linked USD1
The exchange is adding new USD1 trading pairs and replaces BUSD collateral with the token.
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The Hong Kong company is scaling stablecoin-powered cards, wallets and payout services with backing from Coinbase Ventures, Galaxy and Vertex.
Kraken is looking to raise more than $100 million and this may be completed by the end of this year, Bloomberg reported.
Funding will be used to build and scale Babylon Trustless BTCVaults, enabling native bitcoin to be used as onchain collateral without custodians or wrapping.
The stablecoin behemoth is setting up shop for the group and its companies in the nascent crypto hub.