BUSD burn and its Ethereum connection: All you need to know

On 22 February, Binance burned $2 billion worth of BUSD. BUSD went a bit over its peg after the burn as its reserve on Binance continued to reduce. Issues with the Securities and Exchange Commission have made Binance USD [BUSD] a major topic of conversation. However, despite this, work with the stablecoin proceeded as normal. […]