Odaily Planet Daily News: Entropy Advisors' data director Tom Wan wrote on X platform that BUSD was once the third largest stablecoin in terms of market value, reaching $23 billion, and currently the Ethereum chain's listed value is only about $50 million. BUSD is a US dollar backed stablecoin issued by Paxos Trust Company and approved by the New York State Department of Financial Services (NYDFS). Today, CZ issued a statement saying, "BUSD is an excellent US dollar stablecoin, but it was killed in Operation Chokepoint 2.0 in the United States. On the positive side, there are now many new stablecoins launched on BSC
