CryptoDaily Briefs

Daily Brief Crypto: A Look at Gemini USD and more

In today’s briefing:

  • A Look at Gemini USD

A Look at Gemini USD

By Kaiko

  • The fall of the FTX and Alameda house of cards built atop a seemingly innocuous token – FTT – has raised skepticism about centralized exchanges and the tokens that they issue.
  • Attention was first turned to Binance, BNB, and BUSD; as a result, BUSD’s market cap fell from $23.5bn to $16.5bn in just 90 days, though Binance has seemingly passed its stress test.
  • Attention has now turned to Gemini, Genesis, and Digital Currency Group (DCG).

💡 Before it’s here, it’s on Smartkarma

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