Stablecoins
A collection of 4 posts
What Is BUSD? The Paxos Stablecoin That Was Wound Down, and How to Redeem It
BUSD is a Paxos-issued dollar stablecoin. Minting stopped on 21 February 2023 on NYDFS orders. Holders can still redeem for USD or convert to USDP.
· ZIPMEX
What Is MKR? Maker's Old Governance Token After the Sky Upgrade
MKR was MakerDAO's governance token. SKY has replaced it, and MKR converts at 1:24,000 minus a penalty that grows. How it worked and what holders can do.
· ZIPMEX
Algorithmic stablecoins: how they hold $1, why the peg breaks, and where the rules stand
Algorithmic stablecoins hold $1 by minting and burning tokens, not with reserves. How the designs work, why they fail, and the US and EU rules.
· ZIPMEX
USDT vs USDC: What Backs Them and How They Differ in 2026
USDT and USDC compared: issuers, reserves, attestations, supply and the GENIUS Act rules that take effect on 18 January 2027.
· ZIPMEX