I found this out by accident after being prescribed a beta-blocker for typical blood pressure reasons while I was trying to deal with some panic-attack issues that were serious enough to need a mild benzodiazepine. After starting the beta-blocker, the need for the benzo just went away. While the benzo was effective at blocking part of the recursive/positive-feedback loop of panic, the beta-blocker was much better at preventing the feedback loop from forming at all.
Later on, a friend of mine who attended RISD mentioned that the drug of choice that was sought by all the art students was beta-blockers, so they could present their projects without all the stage fright.
/* obDisclaimer: This is not medical advice. Taking any drug can be dangerous. See a real doctor. etc */