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Binance admits flaws in maintaining Paxos-managed stablecoin BUSD, which should be backed 1:1; ChainArgos: BUSD collateralized below $1B+ in 2020-21 (Bloomberg)



Bloomberg:

Binance admits flaws in maintaining Paxos-managed stablecoin BUSD, which should be backed 1:1; ChainArgos: BUSD collateralized below $1B+ in 2020-21— Binance Holdings Ltd., the largest cryptocurrency exchange, has admitted to past mistakes in managing its stablecoin reserves…




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