BUSD: A Stablecoin Compliance and Security Case Study

Stablecoins have established themselves as key players in the cryptocurrency market this year, owing to customer need for flexible liquidity during fiat currency periods. These currencies are characterised as a sort of digital currency that is pegged to or supported by underlying physical assets. These assets could be fiat money, precious metals such as gold or silver, or even another cryptocurrency. Stablecoins, as its name implies, are supposed to have a value that is relatively stable, similar to cash, in contrast to the volatility prevalent in cryptocurrency trading today...

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