Circle, the issuer of USDC, one of the largest stablecoins by volume, denied claims that it received a Wells Notice from US regulatory agencies.
Following Paxos’ decision to terminate Binance USD (BUSD) trading CircleThe claim that a notification was sent to . In the allegations made by the US press yesterday evening, PaxosAs with the Circle from the New York Department of Financial Services (NYDFS) Wells Statement reportedly received.
Making a statement about an hour after this claim, Circle Chief Strategy Officer Dante Disparte said that they did not receive any notification from the authorized institution. announced.
The tension between Paxos and US regulators has been occupied the crypto money markets in recent days.
On the other hand, according to Bloomberg’s report USDC issuer Circle‘s warnings last spring Binance’s stablecoin BUSD and Paxos New York Department of Financial Services (NYDFS) put it on your radar. However, Binance CEO Changpeng Zhao (CZ) stated at an event that he does not think Circle is doing such a thing because it could put them in trouble as well.