BUSD Binance USD
Source: BUSDUSD Chart by TradingView
BUSD is a stablecoin issued by Paxos in partnership with Binance.
Metrics show 80 percent of stablecoins like Tether and Binance USD are held by only six accounts
Long touted as an alternative to fiat currencies without the volatility of digital assets like Bitcoin, stablecoins and related companies mushroomed in late-2018; with a lot of projects even getting venture funded.
Bitfinex holds the highest amount of Tether(USDT) at 60%, exchange balances surpass ATH
Despite recently losing 1% of its USD peg, Tether has 60% of its entire supply held across various exchanges with Bitfinex holding the largest share.
FTX attacker turns to ChipMixer to launder tokens
The attacker laundered around 360 Bitcoin on Nov. 25 via ChipMixer, which some in the community allege is U.S. government honeypot.
CryptoSlate Wrapped Daily: Oldest Bitcoin holders start selling; FTX court filing reveals SBF’s $1B loans from Alameda
Bitcoin and Ethereum emerge as the second and third most shorted crypto, Genesis asked for a $1 billion loan but got rejected, and much more in this edition of CryptoSlate Wrapped Daily.
CEO & Co-Founder | Paxos
COO | Paxos
Co-Founder & CEO of Asia | Paxos
Global Head of Operations | Paxos
SVP of Engineering | Paxos
EVP & Global Head of Securities Business | Paxos
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