The Need for Stablecoin Treasury Management in the Crypto Landscape
The recent FTX bankruptcy has thrown a spotlight on how vital regulatory reforms are for the cryptocurrency landscape. With the fallout still very much in the air, investors are left picking up the pieces, and the urgency for stablecoin treasury management has never been clearer.
The Mess With Asset Recovery
When FTX collapsed, it was a wake-up call. Investors became general unsecured creditors, which is about as comforting as it sounds. This means they had little chance of recovering their funds. To make it worse, the bankruptcy process repaid creditors based on November 2022 values, not the current inflated ones. So, if you happened to hold Bitcoin or Solana, you were left high and dry.
There’s a clear need for reforms that can…
