Binance’s Bold Cut: How Shedding Stablecoins Shakes the Crypto Scene
When the globe’s top crypto marketplace by trading volume dropped support for a handful of stablecoins, reactions ranged from stunned disbelief to grudging applause — including from the issuer of the very largest stablecoin facing the boot. On Monday, Binance declared it would no longer facilitate trading of USD Coin (USDC), Paxos Dollar (USDP), and…