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The Daily Hodl
2023-02-16 23:05:56

Changpeng Zhao Makes Stablecoin Prediction Following SEC’s Binance USD (BUSD) Enforcement Action

Changpeng Zhao Makes Stablecoin Prediction Following SEC’s Binance USD (BUSD) Enforcement Action

The CEO of crypto exchange giant Binance says investors may turn to non-US dollar-pegged and algorithmic stablecoins amid regulatory pressure on Binance USD (BUSD). During a Twitter Spaces AMA on Feb. 14th, Changpeng Zhao explains why USD-pegged stablecoins are widely used. “Stablecoins are still important. Most people’s costs are still in fiat currencies and so The post Changpeng Zhao Makes Stablecoin Prediction Following SEC’s Binance USD (BUSD) Enforcement Action appeared first on The Daily Hodl .

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