Starting February 21, Paxos will halt minting new BUSD stablecoins. Paxos will allow customers to redeem BUSD for USD or convert their BUSD to USDP. Learn more about the news from our press release.

BUSD

Paxos no longer mints new BUSD, but allows customers to
redeem BUSD for USD or convert their BUSD to USDP

Paxos no longer mints new BUSD, but allows customers to redeem BUSD for USD or convert BUSD to USDP