Forbes: Several private and public entities are interested in launching new stablecoin collaboration projects with Binance
According to Forbes, Binance's Chief Strategy Officer Patrick Hillmann stated that due to a ban imposed by U.S. regulatory authorities on the issuer of BUSD, Paxos, prohibiting the issuance of more tokens, several private and public entities have expressed interest in collaborating with Binance on new stablecoin initiatives.
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According to Forbes, Binance's Chief Strategy Officer Patrick Hillmann stated that due to the ban imposed by US regulators on BUSD issuer Paxos, prohibiting further token issuance, several private and public entities have expressed interest in collaborating with Binance on new stablecoin projects.
"Especially entities in Europe and the Middle East, alternatives to BUSD may not choose the US dollar as the anchor currency." Hillmann declined to provide further details.
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