Coinbase retire le BUSD de la liste en raison de problèmes de liquidité
- Coinbase a coté le BUSD en avril dernier.
- Paxos Trust exploite le BUSD depuis 2019 et a récemment reçu l'ordre d'arrêter de frapper le stablecoin.
Coinbase CEO Brian Armstrong has offered a deeper explanation of the exchange’s decision to delist the Binance USD (BUSD) stablecoin. Armstrong spoke on Télévision Bloomberg on Wednesday morning and explained that Coinbase had concerns about BUSD’s liquidity. Coinbase previously stated that delisting BUSD was because the stablecoin did not meet its listing standards as determined by its own internal monitoring and review procedures.
En parlant à Bloomberg, Armstrong a expliqué,
La raison pour laquelle nous avons fait cela était que Paxos, l'émetteur du BUSD, avait reçu l'ordre d'arrêter de le frapper, nous étions donc préoccupés par les problèmes de liquidité pour nos clients.
The New York Department of Financial Services (NYDFS) recently ordered Paxos to stop minting the BUSD stablecoin, citing complications in Paxos and Binance’s relationship. The Securities and Exchange Commission was also set to sue Paxos for selling an unregistered security.
Data from CoinGecko shows that BUSD is the third-largest stablecoin by market capitalization with a total value of almost $10 billion, only below USDT and USDC stablecoins. Paxos Trust has been operating BUSD since its launch in 2019.
Fait intéressant, Coinbase n'a répertorié le BUSD qu'en avril dernier. Les principaux échanges tels que Coinbase répertorient différentes pièces stables pour offrir aux clients une diversité de paires de négociation contre d'autres actifs cryptographiques. Les clients échangent occasionnellement un stablecoin contre un autre. De plus, la liste de plusieurs jetons offre une redondance dans le cas où un jeton perd sa réputation ou sa crédibilité. Ainsi, la récente interdiction de frapper le BUSD pourrait voir davantage d'échanges radier le stablecoin.
Timothy Cradle, Director of Regulatory Affairs at Blockchain Intelligence Group, sees Coinbase’s decision to halt BUSD trading as an effort to evade regulators who would claim the exchange allowed the trading of unregulated securities.
Cradle a déclaré dans une récente interview,
They’re probably coming to the same conclusion that I think most rational people would come to. This is going to end in a settlement, the cease-and-desist [order] is going to be somewhat permanent, and Paxos would have to register with the SEC to re-launch the coin.
Cradle also claimed that exchanges adopted similar measures in 2020 following the SEC’s XRP dispute with Ripple. At the time, top exchanges, including Coinbase, temporarily suspended trading XRP due to the yet-to-be-resolved case between the SEC and Ripple.