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A comment on Binance freezes withdrawals of stablecoin USDC as investors pull $2B. Parent comment

Re:Binance freezes withdrawals of stablecoin USDC as investo... by flamemyst on Tuesday December 13, 2022 @12:12PM (#33971908)
You misses where Binance doing automatic conversion for any deposited USDC to BUSD. So every USDC deposit will counted as BUSD.

Withdrawal using BUSD and USDT is still available. Even USDC on some chain are still open. As I understand they just need time to replenish their USDC.

BUSD is released by Paxos.

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