Does Paxos support redemptions for wrapped BUSD on Binance Smart chain?
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- Paxos does not support redemptions for BUSD outside of natively minted BUSD on the Ethereum network. Any wrapped BUSD or minted on networks outside of the Ethereum network are considered unsupported and attempting to deposit them on Paxos will lead to a loss of funds.
- Please note that all Stablecoin deposits must be ERC-20 we currently do not support any other network withdrawals for stablecoins.