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Binance Temporarily Suspended Auto-Conversion of USDC to BUSD

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Binance, one of the largest cryptocurrency exchanges, has announced the temporary suspension of auto-conversion of USDC to BUSD. The decision was made due to the current market conditions, which have resulted in high inflows and an increasing burden to support the conversion.

The temporary suspension of auto-conversion of USDC to BUSD is expected to impact users who were looking to trade between the two stablecoins. However, Binance has not provided any information on how long the suspension will last.

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