As part of the shift, any remaining USD balances in customer accounts may be converted to tether at a future date. VeChain is used to streamline data transfers and provenance in industries like consumer goods, automotive, food safety, carbon footprint-tracking, and agriculture. Binance US also announced it’s transitioning to a crypto-only trading platform. VeChain is led by the VeChain Foundation and currently maintains locations in China, Europe, the US, Singapore, and Japan.
VeChain works with a number of notable industry partners that include BMW, which leverages VeChain technology to prevent automobile odometer fraud, and LVMH, which uses VeChain to track luxury goods. While VeChain is widely used within the supply chain industry, the launch of the VeChain Thor mainnet in 2018 saw VeChain shift from a supply chain-only project to the broader scope of general data solution dApps. BNB, BUSD ‘not securities Binance rejects SECs security labels. SHIB to USD price is updated in real-time. View Binance USD (BUSD) live price, market cap, volume, and charts. VeChain price is updated live on Binance. The live price of Shiba Inu is 0.0000075 per (SHIB / USD) with a current market cap of 4.40B USD. The original goal of VeChain was to provide supply chain industry organizations with the ability to efficiently transfer and verify supply chain data using the immutable and transparent nature of blockchain technology. Investors jittery The collapse of FTX and arrest of its former CEO Sam Bankman-Fried has crypto investors on edge with. VeChain is a blockchain-based platform designed to decentralize the supply chain industry and function as a decentralized application (dApp) ecosystem. Binance has more than 60 billion of assets on its platform, Nansen said.
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