
Sébastien Derivaux|Mar 24, 2025 22:23
BUSD, from @Paxos , was the best stablecoin that existed for the Ethereum version.
@NYDFS hurted people they were supposed to protect by pure incompetence. It also favored less regulated stablecoins like USDT and USDC.
Like most regulators, they never took accountability.
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