Binance has completed the conversion of select token balances to USDC, a widely recognized stablecoin pegged to the US dollar. The exchange converted tokens such as MDA, HNT, and YFII between April 21 and October 15, 2024. This move aims to streamline Binance's token offerings and provide users with a more stable trading experience.
Source: https://Blockchain.News/news/binance-finalizes-conversion-token-balances-usdc