Dollar Peg – Miami Crypto Coin

Terra Supporters Hope to ‘Defy the Odds’ by Pumping the Now-Defunct Stablecoin USTC Back to $1 Parity

Post author:MiamiCrypto
Post published:November 28, 2022
Post category:$1 Parity Altcoins Crypto asset depeg depegging Dollar Peg FTX collapse LUNC now-defunct stablecoin Repeg Repegging Stablecoins Terra blockchain Terra Classic Terra Fans Terra Money Terra Supporters terraclassicusd terraclassicusd (USTC)USD USD parity USTC Will Chen

It’s been six months since Terra’s algorithmic stablecoin UST (now USTC) depegged from the U.S. dollar and the price has remained depegged from the greenback since May 9, 2022. Currently,…

Huobi Global to Delist HUSD — Stablecoin Slips Below $1 Parity to $0.89

Post author:MiamiCrypto
Post published:October 28, 2022
Post category:Altcoins CRC20 depeg depegging Dollar Peg ERC20 Ethereum Network Heco Honzon protocol Huobi Huobi Global Huobi HUSD Huobi Stablecoin HUSD HUSD Stablecoin justin sun Justin Sun Huobi Tokens lose peg losing parity Stable Universal Stable Universal Limited Stablecoin Stablecoins TRC20 USD parity

On Thursday, the cryptocurrency exchange Huobi Global announced that the trading platform plans to delist the stablecoin HUSD and the delisting will begin at 08:00 (UTC) on October 28, 2022.…

Another Stablecoin Fluctuates Wildly as HUSD Slips Below USD Peg to $0.82 per Token

Post author:MiamiCrypto
Post published:August 18, 2022
Post category:Acala Network AUSD depeg depegging Dollar Peg Eide Bailly LLP ERC20 Ethereum Network Honzon protocol Huobi Huobi Global Huobi Stablecoin HUSD lose peg losing parity News Stable Universal Stable Universal Limited Stablecoin Stablecoins USD parity

The stablecoin HUSD, originally associated with the crypto exchange Huobi Global, lost its peg with the U.S. dollar on Wednesday, August 17, and it dropped even lower in value the…

Stablecoin Implosion — LUNA and UST Lose Significant Value, Downturn Ripples Across the Crypto Economy

Post author:MiamiCrypto
Post published:May 11, 2022
Post category:$1 Parity Alex Tapscott Anchor Binance Bitcoin Wallet CEO of Sator Crash Do Kwon Dollar Peg Hasu Isla Perfito lfg LFG wallets LUNA LUNA down luna foundation guard News Ninepoint Partners Stablecoin Stablecoin UST Terra terra (LUNA)USDC USDT UST

During the last few days, the crypto economy has been tumultuous as billions have fled the market in search of safety. The issues with LUNA sparked a significant sell-off as…

UST Rebounds From $0.66 per Coin to $0.93, Crypto Community Assesses Stablecoin’s Damaged Reputation

Post author:MiamiCrypto
Post published:May 10, 2022
Post category:$1 Parity Anchor Anchor TVL Bail Outs Binance Bitcoin Wallet Citadel Deploying Capital Do Kwon Dollar Peg Hasu lfg LFG wallets LUNA LUNA down luna foundation guard Lyn Alden News Stablecoin Stablecoin UST terra (LUNA)USDC USDT UST

On Monday, May 9, 2022, the stablecoin terrausd (UST) lost its parity with the U.S. dollar and dropped to an all-time low of $0.66 per unit. The stablecoin has been…

As LUNA’s Price Drops Over 33% in 24 Hours, Stablecoin UST Slips Below $1 Parity to $0.93

Post author:MiamiCrypto
Post published:May 9, 2022
Post category:$1 Parity 33% drop Bitcoin Wallet Deploying Capital Do Kwon Dollar Peg lfg LFG wallets LUNA LUNA down luna foundation guard News Stablecoin Stablecoin UST terra (LUNA)USDC USDT UST

As bitcoin dropped to fresh new lows on Monday, the price of terra (LUNA) slid by 33.3% during the last 24 hours. Moreover, the project’s stablecoin terrausd (UST) has lost…