Tag Archives: Cryptoverse: Tether tightens grip on wobbling world of stablecoins

The world of stablecoins is suddenly looking shaky. Seismic shifts may be afoot in the $137 billion market after New York-based Paxos Trust Company, which mints Binance’s stablecoin, said it would cease issuing new BUSD tokens after US regulators labelled the asset an unregistered security. The US move has left investors questioning the future shape of the market for stablecoins, …

Read More »