dumping it's stablecoin arm but Paxos is picking BUSD up? So it should be a safu enough stablecoin right? Stink for anyone that borrowed BUSD on lend though if 60% is correct.
I believe paxos is still redeeming BUSD for fiat until Feb 2024. Binance will be phasing it out by that date
Oh so BUSD will be gone burgs by Feb next year?
https://www.binance.com/en/support/announcement/binance-encourages-users-to-convert-busd-to-other-stablecoins-prior-to-february-2024-d392843e81fd4bc3a5f7e219aa01f34d
I borrow from the BUSD on kava Lend. Unfortunately I could not refund in full before the removal of the BUSD, how will it go for me? Thanks
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