February 22, 2023
In the world of stablecoins, Tether is gaining even more control as other coins struggle to keep up.
The world of stablecoins is currently facing some seismic shifts, with Tether leading the way in tightening its grip on the market. This comes after the New York-based Paxos Trust Company, which mints Binance’s stablecoin, announced that it would cease issuing new BUSD tokens due to regulatory issues.