An interview with Binance CEO Changpeng Zhao on delisting tether and USDC, stablecoin and CBDC evolution, the “Chinese company” label, the downturn, and more (Benjamin Pimentel/Protocol)

Jamie Crawley / CoinDesk:
Binance will stop supporting the world’s second biggest stablecoin USDC and convert users’ USDC, USDP, and TUSD into its own stablecoin BUSD on September 29  —  The action effectively removes the world’s second biggest stablecoin USDC as a tradeable asset on Binance’s platform.

Michael Bellusci / CoinDesk:
Robinhood adds USDC as the first stablecoin in its crypto lineup, while Binance and WazirX exchanges say they will delist USDC in favor of other stablecoins  —  Users will be able to transfer the stablecoin from the Polygon and Ethereum networks on Wednesday.

Binance Blog:
Binance CEO Changpeng Zhao says Binance is not a Chinese company and rejects suggestions of it being secretly run by a Chinese national, Guangying Chen  —  One of the many strengths that our employees at Binance must possess is thick skin.  After all, this industry is the subject of a lot …

Bloomberg:
Sources: Binance CEO Changpeng Zhao met with investors in Abu Dhabi last week to raise money for a crypto industry recovery fund  —  Binance Chief Executive Officer Changpeng “CZ” Zhao and several deputies met with investors in Abu Dhabi last week in an effort to raise cash …

Sam Reynolds / CoinDesk:
A New York judge orders Tether to produce documents related to the backing of USDT in a lawsuit claiming Tether conspired to issue USDT to pump bitcoin prices  —  The order relates to an ongoing lawsuit that alleges that unbacked USDT issuances have caused $1.4 trillion in damage to the market.

Bloomberg:
About 200 companies in China and Hong Kong, including Alibaba and JD.com, no longer face the threat of a US delisting after US inspectors reviewed their audits  —  About 200 companies based in China and Hong Kong are no longer facing an acute threat of being booted off American stock exchanges, sending shares surging.