Paxos Trust Co.The move to halt the issuance of more of the Binance-branded BUSD stablecoin amid pressure from US regulators is trickling down into the world of decentralized finance.
DeFi proponents have long championed the system, which allows people to trade, lend and borrow without intermediaries and often anonymously through the use of automated protocols, as the successor to so-called centralized finance.
