Paxos’ SEC Approval: A Win for TradFi, A Loss for Crypto
It’s been a hallmark of the Trump administration to blur the lines between the old world of finance and the new frontier of blockchain. That blurring of lines continues with a landmark move by the U.S. Securities and Exchange Commission. The
80% of Top Stablecoins Controlled by Less Than 6 Accounts
CoinMetrics reported that very few accounts in each of the stablecoin networks hold the majority of the total capitalization of these top five stablecoins. The published report revealed that there was severe centralization among several top stablecoins with only six accounts