Was Terra’s UST cataclysm the canary in the algorithmic stablecoin coal mine?
After an earthquake, there are always aftershocks. The collapse of UST could be a sign that other stablecoins are also critically flawed.
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After an earthquake, there are always aftershocks. The collapse of UST could be a sign that other stablecoins are also critically flawed.
Mike McGlone, senior commodity strategist at Bloomberg, and financial commentator Frances Coppola discuss the implications of last week’s Terra collapse in Cointelegraph’s latest interview.
Fears over USDTs stability have resulted in more than $9 billion worth of redemptions over the past week. We explore whether investors should be worried about a potential collapse. USDT...
On-chain data suggests Bitcoin price is discounted, but analysts caution against expecting a rapid recovery.
Janet Yellen calls on lawmakers to develop a consistent federal framework for stablecoins, Hester Peirce urges to allow room for failure and more.
The fallout from Terra’s collapse continues as outflows from Tether (USDT) hit an average of $1.1 billion a day over the past week.
MakerDAO returned to prominence after Terra’s UST collapse forced investors to search for a truly “stable” dollar pegged asset.
Does government-issued digital money pose an existential threat to cryptocurrencies? Probably not, but stablecoin usage could narrow.
Her Majestys Treasury has confirmed plans to legalize stablecoins as a form of payment in a new Financial Services and Markets Bill announced on May 10. U.K to Regulate Stablecoins...
The Luna Foundation Guard updates the world concerning its crypto-asset reserves and shares a promise to compensate the remaining users of failed stablecoin UST.