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Paxos Spokesperson: USDP's recent decoupling is due to pricing aggregator issues, not the agreement itself
A Paxos spokesperson said the recent decoupling of the stablecoin USDP was due to issues with the pricing aggregators, rather than the protocol itself. These platforms obtain pricing data from trading platforms. Yesterday, the USDP price of some trading platforms experienced sharp fluctuations, affecting the price of USDP on the pricing aggregators. Paxos does not control the market or trading activity of other trading platforms.
2024-04-18 10:27:33
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