Stablecoin
Scott Beck, CEO of the United Texas Bank, urged representatives of the government’s blockchain advisory committee to suggest a policy that would leave stablecoins...
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Stablecoin
Tether is the issuer of the world’s largest stablecoin, USDT. The company has now said that the hedge funds that tried to short USDT...
Stablecoin
The House of Representatives in the US has postponed a bill that addresses the risks derived from the use of stablecoins. The voting for...
Stablecoin
The crypto bear market of 2022 has spared no digital asset in the space, and stablecoins have been no different. The assets which have...
Stablecoin
Circle, the issuer of one of the largest stablecoins by market value – USD Coin (USDC), announced that its euro-backed stablecoin Euro Coin (EUROC)...
Stablecoin
QUICK TAKE Tron’s algorithmic stablecoin, USDD, is trading at around $0.98. On Monday, TronDAO said it allocated $700 million USDC to defend USDD’s peg....
Stablecoin
Quick Take A class action lawsuit is underway against Binance.US on behalf of US users who bought or sold TerraUSD on the exchange. “Binance.US...
Stablecoin
After sending ripples across the cryptocurrency market, the collapse of Terraform Labs’ native token Terra (LUNA) and its stablecoin TerraUSD (UST) has also made its...
Stablecoin
The UK’s Treasury on Tuesday published an initial consultation on managing “systemic failure” in digital assets, proposing bolstered protections related to stablecoins. It recommended that...
Crypto Exchange
Crypto exchanges are throwing their weight behind Do Kwon’s audacious plan to raise Terra from the ashes of a devastating collapse earlier this month....
Stablecoin
At this time, many stablecoins managers are trying to dispel the doubts raised by the UST case as to their real solvency. Are stablecoins solvent...
Stablecoin
Terra-based lending protocol Anchor saw more than $1 billion in liquidations last week, the largest liquidation event for a single protocol. This happened as...
Stablecoin
Stablecoin issuer Tether said it reduced its commercial paper holdings in the first quarter of this year to improve the quality of its reserves....
Stablecoin
The circulating supply of LUNA has continuously gone up since the UST debacle began. This has mainly been from people redeeming their staked UST...
