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Important Announcement: Delisting of BUSD from BlockBee
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29/02/2024 10:28:04

Important Announcement: Delisting of BUSD from BlockBee

BlockBee will be delisting BUSD from our platform by Wednesday, March 6, 2024. This decision comes in the wake of Paxos announcing the cessation of new BUSD minting and Binance's subsequent discontinuation of BUSD product support as of December 15, 2023. While Paxos assures that BUSD remains fully backed 1:1 by USD and will continue to be redeemable through at least February 2024, the implications of these developments necessitate our action to delist BUSD.

Following this change, the generation of new addresses for BUSD transactions and payments in BUSD on our platform will no longer be supported. We encourage all users to finalize their BUSD transactions and consider converting their BUSD to another cryptocurrency supported on BlockBee or withdrawing to an external wallet prior to the delisting date.

We regret any inconvenience this may cause and are here to assist with the transition. Our team remains committed to providing a secure, compliant, and user-friendly platform, adapting to the evolving landscape of cryptocurrency with the best interest of our community in mind. For any concerns or assistance, please reach out to our support team.

Thank you for your understanding and continued support.

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