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Investors questioning future of stablecoins

By Medha Singh and Lisa Pauline Mattackal

Feb 22 2023 8:50AM

Stablecoin market continues to change.

Investors questioning future 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 ...

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