Aave rejects BUSD

posted  16 Feb 2023
Photo - Aave rejects BUSD
Aave announced the freezing of reserves of the exchange's sole stablecoin BUSD in light of Paxos' move.

Mark Zeller claims that the coin has no chance of developing and that it may harm the project's arbitrage opportunities.

The 26th of February is predicted to be the Doomsday for BUSD on Ave. Which stablecoin will take the place of the coin is yet to be determined.