Post by mariagianabella on Mar 4, 2023 13:55:52 GMT 10
Crypto financial services Matrixport's head of research believes the recent scrutiny of Paxos and its Binance USD
BUSD
tickers down
$1.00
token is not a direct attack on stablecoins themselves.
In a Feb. 14 analysis, Matrixport’s Markus Thielen suggested that BUSD issuer Paxos Trust Company may not have been stringent enough with its oversight of the token.
He added that the issue “does not appear to be around stablecoins” in itself.
BUSD
tickers down
$1.00
token is not a direct attack on stablecoins themselves.
In a Feb. 14 analysis, Matrixport’s Markus Thielen suggested that BUSD issuer Paxos Trust Company may not have been stringent enough with its oversight of the token.
He added that the issue “does not appear to be around stablecoins” in itself.