"BUSD Depeg Happening Now - What's Next?"

andrei-333

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Apr 8, 2006
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"Guys, I just got word that BUSD is depegging - it's currently trading at a 10% discount to the USD peg. I'm wondering if this is going to be a replay of the Terra collapse, or if Binance will take steps to stabilize the situation. Has anyone else noticed this happen?"
 

vvmavm

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Sep 12, 2012
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"Dude, I'm getting some weird errors when trying to transfer my BUSD. Anyone else experiencing this? Looks like the depeg is already having a ripple effect."
 

Danilin

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Mar 16, 2007
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"BUSD is toast, no surprise here. Just gotta wait for Binance to make an official statement and see how they'll contain this. In the meantime, let's see how other stablecoins hold up"
 
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