Coinbase, the leading U.S.-based cryptocurrency exchange, has announced that it is listing trading pairs of Binance USD (BUSD) – the stablecoin issued by its biggest rival, Binance.

Coinbase (NASDAQ) lists Binance USD ($BUSD)

Coinbase published on April 11 a list 50 tokens which were being considered for inclusion in Q2-2022. Binance USD, the fourth most valuable stablecoin according to market cap was included in this list.

Coinbase listed BUSD today, marking it as eighth stablecoin being offered by the top exchange.

According to Coinbase, Binance USD (BUSD) will function as an ERC-20 token on the (ETH) network, not the altcoin’s native Binance Chain (BSC).

Coinbase also added the warning, “do not send this asset over other networks, or your funds may be lost.”

Coinbase adds support for Oasis Networks (ROSE).

Coinbase listed BUSD just hours before it revealed that the exchange had added support for Oasis Network’s privacy and scaling token Oasis Network.

Coinbase Pro had made ROSE available to trade the day prior. ROSE now has access to all Coinbase apps, iOS and Android.

Flipside

• After the launch, WhaleAlert’s Twitter (NYSE:) account Flagged as $122,895,760 US Dollar burn by the Binance exchange’s address.

Why you should care

This development aims to unite both the exchanges that often appear at odds.

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