AMB Crypto
2023-02-17 08:30:30

BUSD exchange outflows reach monthly peak as Paxos fuels mass exodus

BUSD gets dumped after regulatory push against Paxos. The amount of BUST supply on exchanges is now down to its lowest point this month. The regulatory hammer has fallen hard and this time it has come down hard on Paxos, the issuer of BUSD. As a result, a bank-run type of event ensued as investors

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