Binance Completes The Integration Of BUSD On The Avalanche & Polygon Networks

Binance has completed the integration of stablecoin BUSD on two blockchains Avalanche and Polygon. Currently, this stablecoin is supported for liquidity on 4 chains of Ethereum, BNB Chain, Avalanche, and Polygon. BUSD Launches On Avalanche And Polygon Blockchains On September 19, Binance completed the integration of stablecoins Binance USD (BUSD) on the Avalanche (AVAX) and Polygon (MATIC) networks. Avalanche supports an initial supply of 1 million BUSD and Polygon is 4 million BUSD to secure the peg. Up to now, Binance's stablecoins support liquidity on 4 chains: Ethereum, BNB Chain, Avalanche, and Polygon. According to Coingecko, the market cap of this stablecoin is $21 billion, making it the third largest stablecoin in terms of capitalization rating, behind only USDT and USDC. Moreover, when the integration is completed, tokens from both networks will join with each other. That means Avalanche and Binance will gain users from each other, then the most token traded w...
Source : Binance Completes The Integration Of BUSD On The Avalanche & Polygon Networks

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