BUSD is dead, long live USDT
Paxos has announced that it will no longer issue Binance USD after an order from the New York Department of Financial Services.
Cryptocurrency news by Protos · Protos
Audio is streamed directly from the publisher (sphinx.acast.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Paxos has announced that from February 21, it will no longer issue new Binance USD (BUSD) tokens.
Binance USD is a dollar-pegged stablecoin issued by Paxos that carried the Binance brand name. Protos previously reported on the work of Jonathan Reiter which showed that Binance Peg BUSD, a token pegged to BUSD issued by Binance, hadn’t always been appropriately backed.
Hosted on Acast. See acast.com/privacy for more information.