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Cryptocurrencies: 29430
Markets: 111511
Market Cap: $2,196,330,572,952     
24h Vol: $51,333,367,018
cryptonews 2023-02-14 11:15:00

Binance's Stablecoin Under Fire: Rival Circle Sounds the Alarm to NY Regulators

Binance's Stablecoin Under Fire: Rival Circle Sounds the Alarm to NY Regulators
Circle, the US-based payments company that issues the stablecoin USD coin (USDC), alleged that major crypto exchange Binance did not fully back some of its own stablecoin proxies - and on Monday, blockchain infrastructure platform Paxos was ordered to cut its connection with Binance in regard to the Binance USD (BUSD) stablecoin.... Read More: Binance's Stablecoin Under Fire: Rival Circle Sounds the Alarm to NY Regulators
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