Raoul Pal: The Journey Man artwork

Why BUSD s $16B Market Cap Being Up for Grabs Matters to You

Raoul Pal: The Journey Man

English - February 14, 2023 18:34 - 39 minutes - ★★★★ - 19 ratings
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Previous Episode: Crypto Regulation is Evolving in Front of Our Eyes
Next Episode: What the Hell Is Going on With U.S. Regulation?

Crypto brokerage Paxos has been ordered to halt issuing BUSD, and a massive $16 billion stablecoin market cap is now up for grabs. As it turns out, Circle, the issuer of USDC, might be behind the sudden regulatory interest. Brian Estes, CEO and CIO of Off the Chain Capital, joins Ash Bennington to break it all down. Brian and Ash also dig into some more optimistic stories including good news about the NFT market and DeFi performance in 2022.
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Crypto brokerage Paxos has been ordered to halt issuing BUSD, and a massive $16 billion stablecoin market cap is now up for grabs. As it turns out, Circle, the issuer of USDC, might be behind the sudden regulatory interest. Brian Estes, CEO and CIO of Off the Chain Capital, joins Ash Bennington to break it all down. Brian and Ash also dig into some more optimistic stories including good news about the NFT market and DeFi performance in 2022.

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