Bithumb’s Warning: What’s the Future of Stablecoins in Crypto Payroll Solutions?
Stablecoins are often the safe haven in the chaotic world of crypto, right? But then Bithumb drops a bombshell with their warning about Elixir (ELX). This is definitely raising some eyebrows. If you’re involved in crypto payroll platforms, this is something you need to pay attention to.
What Happened to Bithumb’s Warning on ELX?
Bithumb, one of the biggest South Korean exchanges, is telling everyone to tread lightly when it comes to Elixir (ELX). Their warning centers on the price volatility of deUSD, the stablecoin linked to the project. You’d think stablecoins are supposed to be stable, right? But deUSD’s price swings have been anything but reassuring.
It got worse when the Elixir team decided to pause both the issuance and…
