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.
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Paxos has announced that it will no longer issue Binance USD after an order from the New York Department of Financial Services.
Read more (2 min) →— Crypto, Justin Sun
With no recent capital injections or incentives for short-sellers, solving problems with USDD and USDJ doesn't seem to be a priority for Sun.