Comment by jqpabc123
4 months ago
From your reference:
The Department has not authorized Binance-Peg BUSD on any blockchain, and Binance-Peg BUSD is not issued by Paxos.
If you insist, feel free to replace BUSD with an unregulated "stable coin" of your choice. How about FDUSD?
The sentence right before says "It is important to note that the Department authorized Paxos to issue BUSD on the Ethereum blockchain."
As far as I know Binance ended the Binance-pegged BUSD (the BNB chain version bridged from ethereum) without any problem or holder loss?