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2023-06-08 13:27:57

Changpeng Zhao’s Secret Moves: How Binance’s USDT Crisis Unleashed a Regulatory Storm

The post Changpeng Zhao’s Secret Moves: How Binance’s USDT Crisis Unleashed a Regulatory Storm appeared first on Coinpedia Fintech News Just half a year ago, Binance US, the American subsidiary of the world’s largest cryptocurrency exchange by trading volume, found itself facing an unexpected predicament. The platform was running dangerously low on Tether (USDT), the most widely traded stablecoin on the crypto market. The shortage was so severe that withdrawals of USDT and USDC, another …

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