Binance initiates token burn and delisting for BUSD and TUSD pairs

Cryptocurrency exchange giant Binance has taken significant steps in its ongoing process of disengagement from its stablecoin BUSD. The exchange announced a token burn for idle Binance-pegged BUSD tokens across various blockchain networks. Additionally, Binance will be delisting trading pairs associated with TUSD (TrueUSD), another stablecoin traded on the platform. This move follows a series…