Due to the delisting of BUSD, Binance is changing its BUSD trading pair to USDT trading pair

In the announcement of adding & removing some trading pairs released today, there is #GFT #CREAM #FTT which was previously marked as a watch label. The addition of $USDT trading pair at least shows that these currencies have no risk of being delisted for the time being and have gained momentum.

Traversing all the currencies marked with the observation label, we found that there is another currency that only has BUSD trading pairs that is not mentioned: #TORN

Tornado Cash was sanctioned by relevant US authorities last year, and Binance is under investigation by the SEC, which may treat the TORN/BUSD trading pair differently.

The circulating market value of $TORN is 11.8M, which is relatively low. According to Arkham's inquiry, Binance holds 1.96 million TORN, accounting for 19.51% of the total and accounting for the majority of the circulating supply.

Whether it is changing the USDT trading pair or delisting it, it will bring about large price fluctuations.