According to ChainCatcher, Binance founder CZ responded to community inquiries about the BUSD stablecoin on X platform, stating: "BUSD is an excellent US dollar stablecoin, but it was killed in the US Operation Chokepoint 2.0, but looking at the positive side, now there are many new stablecoins launched on BSC."

(Note: Operation Chokepoint 2.0 is a liquidation action led by the Biden administration targeting the cryptocurrency industry, causing US financial institutions to not cooperate or provide services related to cryptocurrency projects.)