What does BUSD shutting down mean for the crypto industry? A deep dive

What does BUSD shutting down mean for the crypto industry? A deep dive

Monero
February 15, 2023 by secret
201
[ad_1] Key Takeaways The SEC is suing Paxos, the issuer of Binance’s stablecoin, BUSD The stablecoin is to be phased out, with no new tokens minted  Over $1 billion has been redeemed in the three days since the announcement BUSD is responsible for one-third of the trading volume on Binance Tether is the big winner,