80% of all BUSD ever created has been burned — how long can it last?

With BUSD’s market cap at $4.5 billion, it looks to be just a matter of time before the former top-three stablecoin vanishes completely.
With BUSD’s market cap at $4.5 billion, it looks to be just a matter of time before the former top-three stablecoin vanishes completely.
Binance was indicted by the SEC in June and was accused of commingling funds into accounts at entities run by Binance CEO Changpeng Zhao.
DeFi lender Venus has a plan for a potential major liquidation of BNB made by hackers last year… but dodgy finances plague the protocol.
Binance says Gary Gensler approached the firm in 2019 and served as an “informal adviser” but internal messages paint another picture.
Declarations from the SEC allege that funds were withdrawn from Binance-controlled accounts to purchase an $11 million yacht and a plane.