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Binance, the world's largest cryptocurrency exchange, has announced that it will swap 750 million token pairs for tether-ether in an attempt to maintain its liquidity. The move comes amid renewed regulatory scrutiny at the global crypto exchange and will help cushion some of the fallout from recent blows, including being sued by the US Securities and Exchange Commission (SEC). Tether is the largest stablecoin that aims to preserve a 1:1 peg with the U.S. dollar. Tron is one of severalcryptocurrencies that have been criticized for artificially inflated trading volumes and diverted customer funds. Last week, BNP Paribas (PPP) sued binance and its CEO and founder Changpeng Zhao, alleging in 13 charges that they were secretly controlling the United States entity while publicly claiming that their company was independent. On Monday, CNBC reported that "proactive steps" are being taken in its transition to allowing crypto-only transactions to continue. Trading, staking, deposits, and withdrawals in crypto would remain fully operational, according to the exchange.

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