Binance will burn 50 million $DAI that are not being used. The official explanation states that this is standard procedure to maintain the necessary supply of wrapped assets on BNB Chain.
Stablecoins
Binance
Binance suspends employee for allegedly profiting off of insider information Total stablecoin market cap surpasses $230 billion amid institutional interest and Trump policies Binance Records $3.97B Weekly Inflows Total stablecoin market cap tops $200 billion as onchain lending yields surge Binance inflows for 2024 are almost 40% higher than the next 10 exchanges combined 
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