Tether USDt

USDC

BUSD

The Securities and Exchange Commission (SEC) in the United States is reportedly planning to take legal action against Paxos, a digital asset platform, over the issuance and listing of Binance USD. The market capitalization of <a href="https://crypto.ro/en/cryptocurrencies/binance-usd/" rel="noopener noreferrer nofollow">Binance USD</a> has recently reached its highest level in several months.The increase in Tether’s market dominance is likely an indication that investors have been spooked by the regulatory crackdown on BUSD and have turned to Tether USDT as a safe haven. Tether is owned by Hong Kong-based iFinex, which also owns the <a href="https://crypto.ro/en/exchange/bitfinex/" rel="noopener noreferrer nofollow">Bitfinex cryptocurrency exchange</a>.Read our article to find out more about the<a href="https://crypto.ro/en/news/tether-approaches-70b-market-cap-as-stablecoin-competitors-struggle-under-sec-scrutiny/" rel="noopener noreferrer nofollow"> stablecoin wars</a>.

Tether approaches $70B market cap, as stablecoin competitors struggle under SEC scrutiny

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