[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.
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BlockchainArchaeologist
· 11h ago
It's the old trap of getting paid to do things.
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AirdropDreamBreaker
· 06-28 17:41
Good kids are fighting again.
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LidoStakeAddict
· 06-27 01:25
It's all just business behind it.
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0xLuckbox
· 06-27 01:24
Who can't rate the money received?
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OnchainFortuneTeller
· 06-27 01:19
Who are you trying to fool? Making money by relying on ratings.
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.