CZ: BUSD was choked in Operation Chokepoint 2.0
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Planet Daily News: Binance founder CZ responded to community inquiries about the BUSD stablecoin on the X platform, stating: "BUSD is an excellent US dollar stablecoin, but it was stifled by the Operation Chokepoint 2.0 in the United States. However, looking at the positive side, many new stablecoins are now being launched on BSC." (Note: Operation Chokepoint 2.0 is a liquidation operation led by the Biden administration targeting the cryptocurrency industry, causing US financial institutions to not cooperate or provide services related to cryptocurrency projects.)
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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