Stablecoin


Markets

Ang USDT ng Tether ay Nakakuha ng $1B habang Nasusunog ng Paxos ang Higit sa $1.8B ng Binance USD Stablecoins

Dumating ang pagtaas habang ang BUSD issuer na Paxos ay nahaharap sa pagtaas ng pagsusuri sa regulasyon.

Tether. (Nikhilesh De/CoinDesk)

Mga video

Former Paxos Head of Portfolio Management on 'Noise and Confusion' Around Stablecoins

Former Paxos Head of Portfolio Management and Columbia Business School Adjunct Professor Jesse Austin Campbell discusses the case for stablecoins and how it is a "very simple instrument." Campbell added, "One of the things that's always been a little bit confounding to me is the extreme sort of noise and confusion around [stablecoins] when really, they work very similarly to the things we're already familiar with and quite frankly had a great deal of reform in."

Recent Videos

Mga video

Stablecoin Issuer Paxos Burns $700M Binance USD Amid Regulatory Pressure

Paxos, the issuer of the $16 billion Binance USD (BUSD) stablecoin, has burned more than $700 million of BUSD tokens since Monday. That was when Paxos announced it would stop issuing the cryptocurrency amid mounting regulatory pressure, blockchain data shows. Jesse Austin Campbell, Former Paxos Head of Portfolio Management and Columbia Business School Adjunct Professor, discusses his outlook for the stablecoin market and crypto regulation.

CoinDesk placeholder image

Mga video

Paxos to Stop Minting Stablecoin BUSD: What Happens Next?

Stablecoin issuer Paxos will stop minting new Binance USD (BUSD) tokens at the direction of the New York Department of Financial Services (NYDFS), with the news coming just after a report of the threat of legal action from the U.S. Securities and Exchange Commission (SEC). Former Paxos Head of Portfolio Management and Columbia Business School Adjunct Professor Jesse Austin Campbell weighs in. "The lesson showing people here is that over the last few years, the greatest mistake is to be an on shore regulated company in the crypto space," Campbell said.

Recent Videos

Opinyon

Ang SEC ay Naglalayon sa Paxos at (Nakakainis) Ito ay Mabuti para sa Bitcoin

Habang ang pinakamalaking Cryptocurrency ay hindi naging direktang pokus para sa mga regulator, ang mga bitcoiner ay hindi dapat maging mga cheerleader.

(Photo by Chip Somodevilla/Getty Images)

Markets

BUSD Stablecoin Inci Patungo sa $1 Peg Pagkatapos ng Mga Komento ng Binance CEO

Si Changpeng Zhao noong Martes ay dumistansya mula sa Binance-branded stablecoin.

(eswaran arulkumar/Unsplash)

Mga video

Stablecoin Issuer Paxos ‘Categorically Disagrees’ With SEC That BUSD Is a Security

Paxos acknowledged it received a Wells Notice from the SEC, indicating a possible enforcement action is forthcoming based on the charge that its Binance USD (BUSD) stablecoin constitutes an unregistered security, according to a Monday press release. But the stablecoin issuer said it "categorically disagrees with the SEC staff because BUSD is not a security under the federal securities laws." CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses what we know so far and the larger implications for crypto regulation.

Recent Videos