Sad situation. Somehow I always had the most "trust" in BUSD, somehow I felt most comfortable with it. Later there were banking problems and the USDC suffered a bit so I was afraid of it too. And what was I left with? With Tether, which paradoxically has the most question marks :D
I need to think about HBD exposure then.
Great post, Dane.
Haha, I'm the same and it's absolutely crazy.
I just think that the role of regulator is meant to be to protect and ultimately HELP their citizens.
But all they end up doing is pushing people into offshore, questionable pathways.
Super frustrating.
Totally agree. I guess we just have to sit here and see what will change in few years.