BUSD issuer Paxos has categorically disagreed with the allegations by the SEC. The firm's press release indicated vigorous litigation in this matter if necessary.
Paxos CEO Charles Cascarilla told his employees that the firm was in constructive discussions with the U.S SEC over its Wells notice and the security status of BUSD.
Summary: Stablecoin supply dropped by the end of the second quarter of 2022. Arcane Research data showed that the total...
In brief: Crypto traders on Binance received a quick announcement of the delisting of Stable USD (USDS). The delisting was...
Summary: Aave community member Marc Zeller proposed halting the BUSD lending market on Ethereum. Zeller argued that the Paxos-issued stablecoin...
Binance moved BUSD from its SAFU insurance fund into USDT and TUSD since Paxos cannot mint new BUSD coins.
Coinbase said BUSD does not meet listing standards shortly after Paxos was ordered to stop minting the Binance-branded stablecoin.
Marc Zeller’s proposal to offboard Binance USD (BUSD) stablecoin from Aava’s V2 lending and borrowing market on Ethereum garnered massive...