The latest blow to the crypto industry dealt by U.S. regulators caused a run on the third-largest stablecoin - BUSD.
Aave may distance itself from BUSD before redemptions for the token possibly shut down next year.
Paxos will cease the issuance of BUSD tokens from February 21.
Although some renowned media outlets claimed Binance sent a statement, CZ suggested it could be FUD.
The SEC is upping the ante in its war on the industry. After Kraken, its next target is reportedly stablecoin…