Paxos spokesperson: The recent decoupling of USDP is due to issues with the pricing aggregator, not the protocol itself
ChainCatcher news, according to Cointelegraph, a Paxos spokesperson stated that the recent decoupling of the stablecoin USDP was due to issues with pricing aggregators, rather than the protocol itself. These platforms obtain pricing data from trading platforms. Yesterday, the USDP price on certain trading platforms experienced significant fluctuations, affecting the price of USDP on pricing aggregators. Paxos does not control the market or trading activities of other trading platforms.
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