Binance is not supposed to have a liquidity problem as long as people continue to use the platform, they have enough sources of indirectly collecting liquidity such as their own blockchains, docks, price manipulation, hidden fees and loans, etc., Binance is becoming more than a platform.
What really worries me is the speed of their burning of cash, especially in advertising campaigns, spending such cash means that there are parties that may embezzle some because the money burns quickly, and it is a policy that led to many problems in many companies, so the occurrence of any liquidity crisis may make all the platform defects appear suddenly
That's actually interesting because when I get asked which stable coin to use, I admit I always suggest using BUSD as they appear to be a company with a solid cash flow from all kinds of sources. Indeed they are advertising left, right and center and frankly speaking on a pretty impressive level.
I wonder, are numbers in terms of their cash burn rate somewhere available or is that your educated guess? The point you make is an important one because if defects appear suddenly, that might pose a serious threat to their stable coin with an instant, right?
Again, I was of the opinion that they are extremely solid although I admittedly can't provide hard facts bolstering that opinion besides them being the biggest player in the market and the things one can perceive from one's own experience and a couple of other things.
