Paxos vs. Binance | Binance BUSD Goes Up in Smoke | Paxos Erases $700M in 27 Hours |

In this video, we dive into the recent news that stablecoin issuer Paxos has burned a staggering $700 million worth of Binance USD (BUSD) in just 27 hours, in response to increasing regulatory pressure. This massive token burn resulted in a more than 6% decrease in BUSD supply since Monday. We'll explore the implications of this move for the wider cryptocurrency ecosystem, and what it means for the future of stablecoins as a whole. Join us as we unpack this significant event in the world of cryptocurrency.

Paxos vs. Binance | Binance BUSD Goes Up in Smoke | Paxos Erases $700M in 27 Hours |

Paxos vs. Binance

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Paxos News

Binance

Binance News

Binance BUSD

Binance BUSD News

Binance BUSD Goes Up in Smoke

Paxos Erases $700M in 27 Hours

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Paxos vs. Binance
Paxos
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Binance
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Binance BUSD
Binance BUSD News
Binance BUSD Goes Up in Smoke
Paxos Erases $700M in 27 Hours
BUSD News
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Paxos Destroys $700M Binance USD
BUSD Burnout
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