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Investors Rush to Tether as Paxos’ BUSD Faces Regulatory Heat, Curve Liquidity Pools Show

Altszn.com by Altszn.com
February 14, 2023
in Blockchain, Crypto, DeFi, Web3
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Investors Rush to Tether as Paxos’ BUSD Faces Regulatory Heat, Curve Liquidity Pools Show
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The move toward tether might be a surprise because the biggest centralized stablecoin is, perhaps, the most controversial, considering it is unregulated and the lingering lack of transparency about its reserves. On Friday, a New York Judge rejected an attempt by iFinex, cryptocurrency exchange Bitfinex and stablecoin issuer Tether, to block CoinDesk’s request for information about the financial reserves backing the USDT token.



Read More: www.coindesk.com

Tags: BUSDcurveDeFiFacesHeatInvestorsLiquidityPaxosPoolsRegulatoryrushShowTether
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