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Cryptocurrencies: 26009
Markets: 101336
Market Cap: $2,905,692,986,217     
24h Vol: $64,980,493,784
CryptoGlobe 2023-02-14 09:48:44

How Paxos-Issued BUSD’s Regulatory Troubles in the U.S. Affect the Stablecoin Market

How Paxos-Issued BUSD’s Regulatory Troubles in the U.S. Affect the Stablecoin Market
As stablecoin issuer Paxos anxiously waits to deal with the alleged investigations by U.S. regulators of how it administered fiat-backed stablecoin Binance USD ($BUSD), crypto analysts are trying to gauge the potential impact will on the stablecoin market and the crypto space in general. Yesterday, Paxos announced that it will “end its relationship with Binance
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