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.
