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Coinbase said that the decision was the result of its periodic monitoring of assets, which includes assessment and subsequent review to make sure they follow the platform's listing standards.
The development comes shortly after the New York Department of Financial Services (NYDFS) ordered Paxos Trust Co., which has its own stablecoin.
The company said its decision to disable trading for BUSD would apply to Coinbase.com (simple and advanced), Coinbase Pro, Coinbase Exchange and Coinbase Prime.
The Silicon Valley Bank collapse and USD Coin depeg stir up extreme Bitcoin price volatility.
Coinbase's announcement came on the heels of mounting regulatory pressure on Paxos, the issuer of BUSD.