There was an article that the U.S. Securities and Exchange Commission (SEC) was planning to sue Paxos Trust, the issuer of BUSD.
There was a possibility that Paxos, like Ripple, would be drawn into a battle with the SEC as it delivered a prior notice to sue, saying that BUSD was in fact an unregistered security.
Suddenly, Paxos announced that it would stop issuing BUSD.
This results in a sell-off against BUSD, threatening the $1 peg.
The proportion of BUSD in the Curb BUSDv2 pool is also showing signs of instability, with a sharp increase, exceeding 81%.
The coin board was hit hard by the Terra incident and the FTX incident last year, but I'm worried that Binance will be the first hitter this year.
Unlike Terra and FTX, most of my cryptocurrency assets are centered on Binance, so if such a situation happens again, there may be a big loss compared to last year, so I think I need to respond quickly even now. ..
To be honest, I don't think it's a big issue, so I'm hesitant about whether it's right to respond to this.