Do you have the right to redeem your stablecoin?
Spoiler: No, stablecoin issuers do not guarantee the legal right for users to claim fiat currency back.
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Spoiler: No, stablecoin issuers do not guarantee the legal right for users to claim fiat currency back.
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.
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.
According to statistics on Friday, May 13, the top stablecoins by market capitalization are currently worth $163.7 billion after the stablecoin economy was valued at close to $200 billion just…
The last five weeks has been brutal for digital currencies as more than 21% has been shaved off the crypto economy’s fiat value since March 27. While all the crypto…
Bentley University, the private university located in Waltham, Massachusetts, has revealed it now accepts digital currencies for tuition payments. Bentley University’s president explained that the school has been “at the…
On April 22, the payments giant Stripe announced that it is expanding global payouts with crypto assets via a new pilot. Stripe’s crypto executive Karan Sharma revealed crypto payouts for…
Paolo Ardoino, chief technology officer, of Tether and Bitfinex, explains why USDT will retain its dominance in an increasingly competitive stablecoin market.
Stablecoins allow investors to stay on the sidelines and earn passively on their holdings, but not all stablecoins are created equal.