Bitcoin (BTC) $76,676.64 -0.54%
Ethereum (ETH) $2,124.82 0.26%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 84.935901 -0.10%
Dogecoin (DOGE) $0.10 -2.33%
Cardano (ADA) $0.25 0.26%
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Cryptocurrencies: 28960

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Market Cap: $2,557,594,794,866

24h Vol: $95,209,059,350

Coin Edition

2023-02-21 13:31:00

USDT and USDC Gain Momentum Following BUSD Collapse

USDT and USDC Gain Momentum Following BUSD Collapse

Following the recent regulatory scrutiny faced by the stablecoin market, USDT, the world’s largest stablecoin, has witnessed massive growth. As reported earlier, New York-based Paxos Trust Company, which mints Binance’s stablecoin BUSD, announced it would cease issuing new tokens after US regulators labeled it an unregistered security. The move has led to investors questioning the The post USDT and USDC Gain Momentum Following BUSD Collapse appeared first on Coin Edition .

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