Event record
Record sog_ev_busd_2023_08_binance_phaseout
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
- Severity
- High
- Type
- Exchange PhaseoutWind-down and termination
- Lifecycle effect
- Historical context only
- Recovery
- Not applicableNot yet recorded
- Evidence
- 1 source record1 relation
Reviewed explanation
What happened
The primary date, severity, type, effect, recovery, and Evidence count are already shown above.Binance announced that support for BUSD would be removed gradually across its products, separate from redemption arrangements offered by Paxos.
- Cause or mechanism
- Exchange support phase-out context, separate from issuer redemption.
- Structured detail kind
- Migration
- Record confidence
- Medium
Affected records
Subjects
Stablecoin and organization subjects remain separate record groups.Typed record
Structured detail
Only event-type-specific facts are shown here.| Migration detail — Summary | Exchange support phase-out context, separate from issuer redemption. |
|---|
- Migration detail — Summary
- Exchange support phase-out context, separate from issuer redemption.
Provenance
Evidence
Source identity, publisher, publication date, reliability, archive, and relation count remain separate.| Source | Publisher | Source category | Provenance | Primary or secondary | Supported claims | Archive | Reliability |
|---|---|---|---|---|---|---|---|
| Binance BUSD support phase-out notice Published 2023-08-31 | Binance | Official statement or announcement Canonical: Exchange Notice | Subject-controlled source | Primary source | Exchange Support Phaseout, Exchange adoption | No archive recorded | Medium |
Maintenance