What’s wrong with current stablecoins? Put simply, too much profit is directed to issuers. In most cases, the yield from reserves flows back to those managing the stablecoin rather than to its users.
Both the SEC and the New York Department of Financial Services are looking into the Binance USD token. Both the SEC and the New York Department of Financial Services are looking into the Binance USD ...
Paxos’ erroneous creation of trillions worth of a stablecoin has left the crypto industry wondering how one of its biggest and most respected firms could make such ...
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