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Bitcoinist

2023-01-11 17:00:02

Binance Says There Were Flaws In Maintaining BUSD Peg

Binance Says There Were Flaws In Maintaining BUSD Peg

Binance’s BUSD stablecoin is currently one of the largest in the crypto sector, but there have been concerns about the stability of the asset, especially with the collapse of the Terra UST stablecoin. Most concerns were raised around the collateral used to back the coin and Binance itself has admitted to some flaws in the

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