@moo9000 Hey bro you mentioned BUSD on ETH chain is handled by Paxos, but if somehow GOD forbid binance goes down in a rare situation, will BUSD-ERC20 lose its peg with $ or will we be able to still cash it out at normal price? Will other exchanges delist it?
Binance US USDT ETH withdrawals have been paused for 4 hrs now.
It appears they are running low on tether. Their hot wallet fell below 3000 USDT while their cold wallets/all other tagged wallets on nansen have around 150k.