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On their website: "Although Paxos has the ability and the right to freeze all USD Stablecoins tokens, including PYUSD, Paxos would only deploy such ability in v
by rvnx 3y ago
On their website: "Although Paxos has the ability and the right to freeze all USD Stablecoins tokens, including PYUSD, Paxos would only deploy such ability in very limited circumstances. Paxos will report such incidents to law enforcement and/or regulators in a timeline manner, and will freeze certain PYUSD"
So at least it's honest.
- dotancohen 3y ago> Although Paxos has the ability and the right to freeze all USD Stablecoins tokens Having the technical ability does not actual grant to them the right, I believe.