2min chapter

The Defiant - DeFi Podcast cover image

Are Stablecoins Securities?

The Defiant - DeFi Podcast

CHAPTER

Paxos Stablecoin

EPO FX is asking uh why did Paxos issue BSD why not stick to packs stick to packs the original USD stablecoin and frankly I don't know the answer plexus has been kind of off my radar. "I think it's simply that Binance wanted a stable coin for whatever reason didn't want to be the issuer and so found somebody else to do," he says."Paxos stablecoin had a lot kind of like just had less liquidity and volume, maybe it was like a good opportunity for both sides."

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