Indian exchange WazirX follows Binance in delisting USDC

Indian exchange WazirX follows Binance in delisting USDC

Just like Binance, India-based exchange WazirX will implement BUSD auto-conversion for balances of USDC, USDP and TUSD at a 1:1 ratio in October. Major Indian cryptocurrency exchange WazirX has opted to delist the USD Coin (USDC) from its platform and convert the remaining balances into Binance-backed Binance USD (BUSD) stablecoin.WazirX officially announced on Monday that it has stopped deposits of USDC alongside other stablecoins like Pax Dollar (USDP) and TrueUSD (TUSD).According to the announcement, the platform will instead offer the BUSD stablecoin to enhance liquidity and capital....


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