Crypto financial services Matrixport's head of research believes the recent scrutiny of Paxos and its Binance USD BUSD token is not a direct attack on stablecoins themselves. In a Feb. 14 analysis, Matrixport's Markus Thielen suggested that Paxos Trust Company, the issuer of the Binance USD BUSD, may not have been stringent enough with its oversight of the token. He added that the issue "does not appear to be around stablecoins" in itself. (Cointelegraph)
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Stablecoins not the Target in BUSD Crackdown: Matrixport Head of Research
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