BUSD stable currency
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Aave’s proposal to cancel the BUSD stable currency loan was supported by the DAO members
It is reported that members of the Aave Decentralized Autonomous Organization (DAO) supported the cancellation of the loan of Binance’s BUSD stable currency with overwhelming advantages. The proposal aims to significantly increase the cost of borrowing BUSD and reduce the accrued income of its lenders. These actions are intended to curb the use of BUSD. At the time of voting, more and more market participants abandoned BUSD under the circumstances of regulatory uncertainty. Zeller, the author of the proposal, wrote in the proposal that the circulation supply of BUSD will…
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The 24-hour net outflow of Coin An was about 831 million US dollars, the largest single day net outflow since November last year
On February 14, Nansen data showed that the net outflow of Cipher Exchange’s currency security was about 831 million US dollars in the past 24 hours, which was the largest single day net outflow since November 2022. Investors seem to have been hit by the regulatory authorities on the BUSD stable currency issued by Paxos, so they are reducing their holdings on the platform. Interpretation of this information: The message indicates that Cipher Exchange, a cryptocurrency exchange, experienced a significant net outflow of approximately 831 million US dollars in currency…
