Eswar Prasad, an economics professor at Cornell University, has reportedly cautioned the failure of a major stablecoin could have an impact on the U.S.
Cryptocurrency exchange Binance announced on Tuesday that it is temporarily halting withdrawals of the stablecoin USDC (CRYPTO: USDC) while it conducts a "token swap."
Prominent economist Nouriel Roubini accused Binance (CRYPTO: BUSD) and its CEO Changpeng "CZ" Zhao of "having blood money on their hands," alleging the cryptocurrency company of enabling the Iranian regime to l
Binance CEO Changpeng Zhao shrugged off speculation about stablecoins like BUSD (CRYPTO: BUSD) getting outlawed by regulators in the United States, saying that it was akin to asking if the Moon may disappear tomorrow.
Binance CEO Changpeng Zhao on Friday came down heavily on a report the cryptocurrency exchange holds $74.6 billion in tokens, out of which nearly 40% are its own stablecoin