Binance Stablecoin (BUSD) is Taking on the Top Dogs

Stablecoins: They are meant to be the boring brother of cryptocurrencies, avoiding all the jumps and drops in price that investors often experience with “regular” tokens. In that sense the world of stablecoins is typically a lot less “thrilling” to follow in comparison to other coins with a more volatile nature, but lately, things are really heating up when it comes to stablecoins…SO MUCH SO so that people are calling it The Second Great StableCoin War. So what’s actually going on?

0:00 Second Stablecoin Wat
0:34 Moment to fight
1:00 Tether in 2018
1:32 USDC
2:02 USDT troubles
2:11 Algo Stablecoins
2:42 Story of BUSD
5:22 Why is Binance doing this?
6:10 Circle Makes Moves
6:58 FTX to create a stablecoin

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