BUSD faces depegging scare: What’s going on, Binance?

BUSD faces depegging scare: What’s going on, Binance?


AMB Crypto
2023-01-12 03:30:55

BUSD under FUD because of reports showing insufficient backing. Until the time of writing, the stablecoin was able to maintain its peg. The stablecoin of trading platform Binance [BUSD] is in the spotlight now. Even though it is the largest cryptocurrency exchange, Binance has been repeatedly criticized. A recent report has now expressed concerns about