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SYScoin Bridge To Facilitate Adoption Of Binance’s BUSD Stablecoin

Binance will use the Syscoin ethereum-based bridge to facilitate the adoption of the BUSD stablecoin, as we are reading more in our Binance news today. The Syscoin Foundation announced that the Syscoin Ethereum Bridge will be used and explored by the stablecoin of the biggest crypto exchange in the world-Binance (BUSD). According to the agreement, BUSD will be available on the Syscoin network and it is issued by Paxos and Binance pegged 1:1 with the US Dollar, approved by the New York State Department of Financial Services. Binance Chart Source: Tradingview According to a press release, the stablecoin issued by…

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