Curve founder: Redeemable stablecoins aren't safe from regulatory action

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Quick Take

  • Curve founder Michael Egorov says reedemable stablecoins aren’t safe from regulatory action.
  • This comes after the NYDFS stopped Paxos from issuing any more of the BUSD stablecoin.
The founder of Curve reacted to the enforcement action on BUSD ahead of the project launching its own decentralized stablecoin.
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Editor

To contact the editors of this story: Larry DiTore at [email protected], Nathan Crooks at [email protected]

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