A Regulated Stablecoin Means Having a Regulator
https://www.paxos.com/a-regulated-stablecoin-means-having-a-regulator
"As of today, there are exactly three #regulated #dollar-#backed #stablecoins in the world: #Paxos Standard (β#PAXβ) and #Binance Dollar (β#BUSDβ), both issued by Paxos Trust Company, and the #Gemini Dollar (β#GUSDβ), issued by Gemini Trust Company."
"If neither #USDC nor #Tether can fulfill these promises, can they even be considered dollar-backed stablecoins?"