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Binance Moved $1.8B in Stablecoin Collateral to Hedge Funds Last Year: Forbes

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  • Binance Moved $1.8B in Stablecoin Collateral to Hedge Funds Last Year: Forbes
Binance Moved .8B in Stablecoin Collateral to Hedge Funds Last Year: Forbes
cripto Feb 27
Binance Moved $1.8B in Stablecoin Collateral to Hedge Funds Last Year: Forbes

By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
This meant that over $1 billion worth of tokens called B-peg USDC – digital replicas of dollar-pegged stablecoin USDC – were uncollateralized despite Binance’s claim that they were 100% backed.
Publish at: February 27, 2023 at 05:02PM
Tags: CoinDesk: Bitcoin Crypto News and Price Data Ethereum

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