Binance to Burn Binance-Pegged Tokens on Various Chains

Binance to Burn Binance-Pegged Tokens on Various Chains

Binance has announced plans to burn a significant amount of Binance-pegged tokens on various chains, such as BSC, MATIC, BNB, BPSC, and TRX. The burn will release the equivalent amount of native tokens that served as collateral and will aim to boost the token economics of the pegged tokens. Binance-pegged tokens are backed by the […]