Binance's 2024 vision spells trouble for these SHIB and XRP pairs
to BUSD trading pair, which currently ranks as the fourth most voluminous pair across all platforms featuring the Shiba Inu token. Remarkably, this pairing boasts a trading volume of approximately $1.66 million at present. , the XRP/BUSD pair secures a prominent position as the sixth largest in terms of volume. On Binance alone, this pairing commands a trading volume of $7.67 million, constituting roughly 1% of the token's overall trading volume.
The exchange's decision to delist and curtail trading options for BUSD is somewhat of a response to the U.S. Securities and Exchange Commission's allegations, labeling the stablecoin as a security. Both the issuer of BUSD, Paxos, and This strategic pivot has prompted a redirection toward exploring new opportunities on the market.
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