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Why BUSD s $16B Market Cap Being Up for Grabs Matters to You

Why BUSD s $16B Market Cap Being Up for Grabs Matters to You

With BUSD shuttering its services in the U.S., a 16 billion market cap is left in its wake.

Raoul Pal: The Journey Man

February 14, 202340m 36s

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Show Notes

Crypto brokerage Paxos has been ordered to halt issuing BUSD, and a massive $16 billion stablecoin market cap is now up for grabs. As it turns out, Circle, the issuer of USDC, might be behind the sudden regulatory interest. Brian Estes, CEO and CIO of Off the Chain Capital, joins Ash Bennington to break it all down. Brian and Ash also dig into some more optimistic stories including good news about the NFT market and DeFi performance in 2022.

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