Binance Will Compensate Users Affected By AEUR Stablecoin Surge
A Binance spokesperson explained that there was strong demand for AEUR, which resulted in its price deviation, as users, including those unaware of its stablecoin nature, embraced it.

A Binance spokesperson explained that there was strong demand for AEUR, which resulted in its price deviation, as users, including those unaware of its stablecoin nature, embraced it.
After the recent withdrawal of Paysafe, leading cryptocurrency exchange Binance has announced a strategic collaboration with new fiat partners to cater to its Euro services.
Binance has formalised agreements with new fiat partners for EUR payments, deposits, and withdrawals but the new service providers involved in this collaboration were not disclosed.
The recent regulatory action against Paxos and Binance over the partnership's dollar-pegged stablecoin has spooked investors.
BUSD’s circulating supply fell to $15.4 billion on Wednesday, paring down $1 billion over the past week and $2 billion in a month.
The company is working on a proof-of-reserve system. Binance SAFU fund has been topped up to $1B.
Demand for stablecoins continues to rise as businesses look to on-chain liquidity to improve their operations.
The U.S. company Circle is launching a regulated stablecoin that is pegged to the euro, but what does this mean for the eurozone?
Although USDC is the second largest Stablecoin, it is the most used on-chain Stablecoin in the Crypto space.