Golden Finance reported that Binance founder CZ said in response to the community's inquiry about the stablecoin BUSD on X platform: "BUSD is a very excellent dollar-backed stablecoin, but it has been strangled in the US Operation Chokepoint 2.0 operation, but on the plus side, many new stablecoins are now launched on BSC." (Note: Operation Chokepoint 2.0 is a liquidation campaign for the cryptocurrency industry led by the Biden administration, which has prevented US financial institutions from cooperating or providing cryptocurrency project services.)