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Crypto brokerage Paxos has been ordered to halt issuing BUSD, and a massive $16 billion stablecoin market cap is now up for grabs. As it turns out, Circle, the issuer of USDC, might be behind the sudden regulatory interest. Brian Estes, CEO and CIO of Off the Chain Capital, joins Ash Bennington to break it all down. Brian and Ash also dig into some more optimistic stories including good news about the NFT market and DeFi performance in 2022.
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Crypto brokerage Paxos has been ordered to halt issuing BUSD, and a massive $16 billion stablecoin market cap is now up for grabs. As it turns out, Circle, the issuer of USDC, might be behind the sudden regulatory interest. Brian Estes, CEO and CIO of Off the Chain Capital, joins Ash Bennington to break it all down. Brian and Ash also dig into some more optimistic stories including good news about the NFT market and DeFi performance in 2022.
Learn more about your ad choices. Visit podcastchoices.com/adchoices
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