According to an official announcement from Odaily, Binance will gradually stop supporting BUSD due to Paxos stopping issuing new BUSD tokens. Binance will gradually notify users of the affected services in the form of announcements. The users assets are safe, and BUSD will always be anchored by the US dollar at a ratio of 1:1. The Binance platform will continue to support multiple stablecoins and other digital assets. The platform reminds users that they can convert their BUSD assets into other assets supported by the Binance platform before February 2024. Users can trade their BUSD assets into FDUSD with zero commission on the Binance spot market, or exchange their BUSD assets into FDUSD at a ratio of 1:1 with no spread and zero commission on the instant exchange trading platform. Binance will gradually delist BUSD spot and margin trading pairs, and specific delisting information will be announced separately. Starting from 14:00 on September 7, 2023 (Eastern Eighth District time), Binance will stop supporting BUSD lending on the cross margin and isolated margin platforms. Starting from 14:00 on October 19, 2023 (East 8th District time), cross margin and unified account users will no longer be able to transfer additional BUSD as margin to the cross margin wallet. Users can still transfer other tokens. coins as security deposit. Binance will stop supporting Binance-Peg BUSD token withdrawals through BNB Chain, Avalanche, Polygon and Tron networks at 08:00 on September 7, 2023 (Eastern Eighth District time). Binance will continue to support BUSD (ERC-20) deposits and withdrawals via Ethereum until further notice. Binance will continue to support Binance-Peg BUSD deposits through BNB Chain, Avalanche, Polygon and TRON networks until further notice.