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Currently, Binance's pegged BUSD is fully backed by the US dollar, and Paxos's BUSD is unaffected, according to a Binance spokesperson.
Ethereum-based DeFi projects have a combined TVL of $45.96 billion — 65.6% of all TVL in DeFi across crypto, according to data from DeFiLlama.
Vitalik Buterin recently talked about the present Ethereum ecosystem that comprises money, DeFi, DAOs and more.