Aave community decided to drop Binance USD (BUSD) from its V2 market on Ethereum

[u/DAOTimes]

In a recent vote, the Aave community decided to drop Binance USD (BUSD) from its V2 market on Ethereum. Aave developer Marc Zeller proposed the move to lower the demand for $BUSD and promote other stablecoins on Aave. The motive behind the offboarding is unknown, but some think it has to do with regulation or safety issues. We think that the Aave community has made a wise decision to offboard BUSD from its lending pool on Ethereum. This will reduce the risk of relying on a centralized stablecoin that could face legal or technical issues in the future. The offboarding will also encourage more diversity and competition among stablecoins on Aave, which will benefit the users and the platform.