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Event record

Reviewed event

Binance begins phasing out BUSD support

Binance announced that support for BUSD would be removed gradually across its products, separate from redemption arrangements offered by Paxos.

Date
2023-08-31
Affected records
2 linked records
1 stablecoin · 1 organization
Evidence
1 source
1 evidence relation

Connected records

Affected records

Assets and organizations connected to this event.
StablecoinBinance USDOrganizationPaxos

Sources

Evidence

Sources used for this record, with archival copies where available.
1 source identity · 3 evidence relations
SourcePublisher and dateRelevanceArchive
Binance BUSD support phase-out notice
Source details
Source category
Official statement or announcement
Provenance
Subject-controlled source
Primary or secondary
Primary source
Reliability
Medium
Binance
Published 2023-08-31		Exchange Support Phaseout, Exchange adoptionNo archive recorded
Official statement or announcement

Binance BUSD support phase-out notice

Medium
Publisher
Binance
Published
2023-08-31
Provenance
Subject-controlled source
Primary or secondary
Primary source
Supported claims
Exchange Support Phaseout, Exchange adoption
Archive
No archive recorded
Reliability
Medium
Record details
Classification, review, and event-specific data
Record ID
sog_ev_busd_2023_08_binance_phaseout
Severity
High
Event type
Exchange Phaseout
Public category
Wind-down and termination
Lifecycle effect
Historical context only
Recovery or reversal
Not applicable
Recovery date
Not yet recorded
Cause or mechanism
Exchange support phase-out context, separate from issuer redemption.
Structured detail kind
Migration
Record confidence
Medium
Evidence relations
1

Event-specific details

Migration

Summary
Exchange support phase-out context, separate from issuer redemption.

Maintenance

Corrections and further reading

Use the documented correction path and methodology.