BUSD Depegs from Tether

BUSD Depegs from Tether After Regulatory Action: The Dark Future of Stablecoins

The recent regulatory action against Binance USD (BUSD) has forced the popular stablecoin to depeg from Tether, raising concerns about its stability and security. The decision highlights the need for clear and consistent regulation in the stablecoin industry and the importance of proper licensing to ensure their stability, security, and continued growth