How The US Treasury May Cause More Instability For Stablecoins

Following the SEC’s notice to Paxos to stop minting Binance USD (BUSD), only a handful of options remain for the issuing entity, with each having the potential to change the entire stablecoin ecosystem. On Feb 13, the U.S. Securities and Exchange Commission (SEC) announced that it was opening an investigation into the issuance of BUSD […] ...
Continue reading Stablecoins Come Under The SEC’s Crosshairs But Paxos Still Has A Few Options Left Up Its Sleeve

The post Stablecoins Come Under The SEC’s Crosshairs But Paxos Still Has A Few Options Left Up Its Sleeve appeared first on ZyCrypto.
Binance USD (COIN:BUSDUSD)
Historical Stock Chart
From Feb 2024 to Mar 2024 Click Here for more Binance USD Charts.
Binance USD (COIN:BUSDUSD)
Historical Stock Chart
From Mar 2023 to Mar 2024 Click Here for more Binance USD Charts.