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Binance Ends Support for BUSD Stablecoin: What It Means for Users and the Future of Stablecoins

Binance, one of the largest cryptocurrency exchanges in the world, has made the decision to end support for its Binance USD (BUSD) stablecoin. This move comes after Paxos, the company responsible for minting new BUSD coins, announced that it would be halting its operations. The transition is set to take place on December 15th, and it will have significant implications for users of the BUSD stablecoin. Automatic Conversion to First Digital USD Starting on December 31st, many users' BUSD balances on Binance will be automatically converted into First Digital USD. This conversion will take place seamlessly, and users will not be required to take any action. The transition is designed to ensure a smooth and uninterrupted experience for BUSD users. Implications for BUSD Users While the automatic conversion should minimize any disruption for BUSD users, it is important for them to be aware of the implications of this change. Once their BUSD balances are converted into First Digital US
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Produced by Daniel Aharonoff & Mogul Media AI

# Starbucks Celebrates 20th Anniversary of Pumpkin Spice Latte with NFT Collectibles

Starbucks is celebrating the 20th anniversary of its beloved Pumpkin Spice Latte by offering a unique way for fans to enjoy the iconic beverage. In a nod to the growing popularity of NFT collectibles, the coffee giant will be releasing a series of Pumpkin Spice Latte digital stamps on its Starbucks Odyssey platform. These NFTs will represent the different qualities of the physical drinks - Spiced, Whipped, Iced, and Steamed.

Open Edition NFTs

The Pumpkin Spice Latte NFTs will be sold in an open edition format, meaning that there is no limit to how many can be minted and sold within the designated time frame. The sale will run from Thursday, October 5, until Monday, October 9. Each NFT will be priced at $20 and will also grant Odyssey members 250 points. Additionally, buyers who purchase all four NFT stamps will have an undisclosed opportunity. It is important to note that only Odyssey members will have the ability to purchase these NFTs.

Artwork Reveal and Platform Details

Starbucks has chosen to mint its NFTs on the Polygon network, which is an Ethereum scaling solution. The artwork for the purchased NFTs will be revealed on October 10. It is worth mentioning that Starbucks Odyssey, the company's Web3 rewards and loyalty platform, was announced in 2022 and launched in a closed beta format last December. While the platform is still in beta, traditional Starbucks Rewards program members can sign up for a waitlist to request admission.

Rewards and Benefits of Starbucks Odyssey

Starbucks Odyssey was developed to reward loyal customers with special perks and benefits beyond what is offered through the standard Rewards program. Users can earn points in Odyssey and use them to unlock various experiences, such as virtual drink making classes or even a trip to a Starbucks coffee farm in Costa Rica. The platform is powered by NFT marketplace Nifty Gateway, adding a unique and innovative element to the traditional rewards program.

In conclusion, Starbucks is embracing the world of NFT collectibles by offering Pumpkin Spice Latte digital stamps on its Starbucks Odyssey platform. With an open edition format and a limited-time sale, fans of the iconic beverage have a chance to own a piece of digital art representing the different qualities of the Pumpkin Spice Latte. By utilizing the Polygon network and partnering with Nifty Gateway, Starbucks is demonstrating its commitment to innovation and providing unique experiences for its customers.

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