THE SMART TRICK OF STABLECOIN USE CASES THAT NO ONE IS DISCUSSING

On June five, 2023, the SEC sued copyright for featuring and promoting BUSD – its US dollar-backed stablecoin – as an unregistered security. The SEC alleged that copyright improperly marketed and touted BUSD as a revenue-generating instrument by promising interest payments to investors who simply held BUSD on the Ethereum blockchain. copyright

specifically, regulation ought to be risk-based mostly, focusing on the structural functions of stablecoins and in certain cases their use. This allows policymakers to seem as a result of terminology and marketing and advertising of issuers and intermediaries. Key threats to customers stem from The lack of issuers to deliver around the purported st