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RE: LeoThread 2023-09-25 09:40

in LeoFinance • last year

1/🧵Why should we stoop low enough to trust when we can verify ourselves? $HBDis fully audited all the time.

On the other hand most stablecoins are US government debt tokenized on blockchain! This brings us to BUSD.
#threadstorm #outreach

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2/🧵AFAIK, BUSD had minimal exposure to US government debt. I don't know if this contributed to SEC's decision to go after BUSD and Binance.

The important thing to note is that even Binance is keeping its distance from BUSD.

2/🧵If you have any Liquidity Pools that involve BUSD, this is time to think about switching to $HDB or altcoins.

#gosh https://leofinance.io/@vimukthi/you-must-reevaluate-your-busd-position-on-cubfinance-tribaldex-and-other-places