FMCPAY announces end of support for BUSD stablecoin by November 2023

FMCPAY announces end of support for BUSD stablecoin by November 2023

Dear FMCPAY-er,

As Paxos has halted minting of new BUSD, FMCPAY will discontinue support for BUSD. Announcements will be released for any impacted services. 

FMCPAY will continue to support multiple stablecoins and digital assets on our platform. Users should convert their BUSD assets to other available assets on FMCPAY before November 6, 2023.

We will make an announcement as soon as possible if there is a change to this decision.

Details:

  • Starting from November 1, 2023, users will be unable to deposit or withdraw BUSD from FMCPAY accounts.
  • From November 6, 2023, BUSD trading on the FMCPAY Exchange will be discontinued.

Thanks for your support,

FMCPAY Team.

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