Anchorage's release of the stablecoin security matrix report has sparked controversy, with the issuer of AUSD questioning the fairness of the rating.

[Golden Finance] A data platform reported that the encryption financial service company Anchorage released a "stablecoin security matrix" report on Thursday, which faced strong opposition from some stablecoin issuers. Among them, Nick van Eck, the founder and CEO of Agora, raised particular doubts about Anchorage's rating. Agora is the issuer of the AUSD stablecoin, which received a very low rating in the report. Van Eck claimed that Anchorage's rating was influenced by its "paid participation" arrangements with certain stablecoin companies, including Paxos. According to van Eck, Anchorage delisted Agora's AUSD and the USDC token from a certain trading platform on the grounds of "structural risk," citing a lack of regulatory oversight and poor liability management of supported assets.

USDP0.01%
USDC0.02%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Share
Comment
0/400
BlockchainArchaeologistvip
· 06-30 00:05
It's the old trap of getting paid to do things.
View OriginalReply0
AirdropDreamBreakervip
· 06-28 17:41
Good kids are fighting again.
View OriginalReply0
LidoStakeAddictvip
· 06-27 01:25
It's all just business behind it.
View OriginalReply0
0xLuckboxvip
· 06-27 01:24
Who can't rate the money received?
View OriginalReply0
OnchainFortuneTellervip
· 06-27 01:19
Who are you trying to fool? Making money by relying on ratings.
View OriginalReply0
TheMemefathervip
· 06-27 01:09
It's not obvious who is paying whom.
View OriginalReply0
NFTragedyvip
· 06-27 01:01
Why is the report so urgent?
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)