TrueUSD Loses Dollar Peg Following Minting Suspension with Prime Trust

[ad_1] Image Source: Pixabay TrueUSD, a major fiat-collateralized stablecoin, has lost its peg following the announcement that it has suspended minting activities through its technology partner Prime Trust.  In early…

Paxos ordered to cease minting Binance stablecoin by New York regulator

[ad_1] Chad Cascarilla, CEO of Paxos. Adam Jeffery | CNBC Cryptocurrency firm Paxos will cease issuing new Binance USD, or BUSD, stablecoins under the direction of New York state’s financial…

WSJ News Exclusive | Janet Yellen Dismisses Minting $1 Trillion Coin to Avoid Default

[ad_1] Treasury Secretary says the Federal Reserve likely wouldn’t accept a platinum coin if one were minted in an effort to avoid breaching the debt limit. [ad_2] Source link