RE: Stablecoin Wars: Paxos Ordered to Stop Minting BUSD

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It's not just BUSD. Next one they might go after is Circle/USDC & also PayPal withdrew its stablecoin plans.

SEC is going for a big time crackdown using some of their guns

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I think Coinbase is willing to defend USDC.

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I'm not disputing that. Thing is that the SEC needs to pull the plug for stables in order to introduce CBDC more easily.

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