Stablecoin – Page 91 – Miami Crypto Coin

Do Kwon shares LUNA burn address but warns ‘LUNAtics’ against using it

Post author:MiamiCrypto
Post published:May 23, 2022
Post category:burn Changpeng Zhao Stablecoin supply Terra Tokens

Upon a persistent request from the Terra community, Kwon went against his initial plan and publicly shared a burn address for LUNA on May 21.

Circle to Issue Weekly USDC Reserve Reports — Tether Publishes May 2022 Assurance Report

Post author:MiamiCrypto
Post published:May 22, 2022
Post category:Algorand Altcoins Assurance Reports CoinGecko EOS Ethereum Fiat Tokens Fiat-Pegged Jeremy Allaire MHA Cayman omni Stablecoin Stablecoin Caps stablecoin trades Stablecoin Trading Stablecoin Volumes Stablecoins Tether Tether (USDT)trade volume transparency page Tron USDC USDT Weekly Assurance

The co-founder and CEO of Circle, Jeremy Allaire, has announced the cryptocurrency firm that issues the stablecoin usd coin plans to provide the public with weekly stablecoin reserve reports. Additionally,…

Do you have the right to redeem your stablecoin?

Post author:MiamiCrypto
Post published:May 21, 2022
Post category:Dollar Stablecoin Tether USD Coin

Spoiler: No, stablecoin issuers do not guarantee the legal right for users to claim fiat currency back.

UST aftermath: Is there any future for algorithmic stablecoins?

Post author:MiamiCrypto
Post published:May 20, 2022
Post category:Fintech Stablecoin Technology Terra Tether

The quest continues for the perfect “stand in” for the U.S. dollar. But, UST’s crash suggests that algo stables may be “inherently fragile.”

Algorithmic, fiat-backed or crypto-backed: What’s the best stablecoin type?

Post author:MiamiCrypto
Post published:May 20, 2022
Post category:Cointelegraph Consulting DAI Stablecoin Terra Tether

DAI has been around since 2017, which no algo stablecoins has ever matched, and it’s unlikely to share the fate of UST.

Court documents reveal Do Kwon dissolved Terraform Labs Korea days before LUNA crash

Post author:MiamiCrypto
Post published:May 20, 2022
Post category:LUNA Stablecoin Terra UST

A revelatory discovery of legal documents could provide greater context to the catalyst of the infamous LUNA and UST price crash

Terra fallout: Stablegains lawsuit, Hashed loses billions, Finder wrong and more….

Post author:MiamiCrypto
Post published:May 20, 2022
Post category:Avalanche class action lawsuit crypto collapse Hashed luna collapse luna foundation guard Stablecoin Stablegains Terra terra losses terra treasury UDSC UST

Yield generation app Stablegains is facing a lawsuit after losing around $44 million worth of user funds in the Terra collapse when it previously said it allocated funds “across a…

G7 financial officials call on Financial Stability Board to step up crypto regulation—report

Post author:MiamiCrypto
Post published:May 19, 2022
Post category:Cryptocurrencies Stablecoin

Chaos on the crypto market in the wake of the Terra collapse caused a heightened sense of urgency among the ministers to continue regulatory process.

Here’s why Terra’s snowball effect could send Avalanche (AVAX) price to $15

Post author:MiamiCrypto
Post published:May 19, 2022
Post category:Avalanche AVAX binance coin Bitcoin bnb BTC investment LUNA Stablecoin technical analysis Terra TerraUSD trading UST

The collateral damage of Terra’s collapse could continue to impact Avalanche price, especially considering that the Luna Foundation Guard holds 1.97 million AVAX tokens.

Tether reports 17% decrease in commercial paper holdings over Q1 2022

Post author:MiamiCrypto
Post published:May 19, 2022
Post category:Business Fiat reserves Stablecoin Tether

“This latest attestation further highlights that Tether is fully backed and that the composition of its reserves is strong, conservative and liquid," said Paolo Ardoino.