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Tag: Stablecoin

Double bubble? Terra’s defunct ‘unstablecoin’ suddenly climbs 800% in one week

The USTC price rally does not mean it would reclaim its lost U.S. dollar peg in the...

Terra’s LUNA2 skyrockets 70% in nine days despite persistent sell-off risks

LUNA2 may have bottomed in June, but just who is buying this controversial token?

Swiss National Bank exec: Regulators may favor centralized stablecoins after Terra crisis

Thomas Moser hinted that regulations might take time as the current regulations would wipe out the decentralized...

China’s BSN chair calls Bitcoin Ponzi, stablecoins ‘fine if regulated’

Stablecoins like USDT and USDC would be doing just fine if properly regulated, while Bitcoin is a...

CBDC may threat stablecoins, not Bitcoin: ARK36 exec

A state-backed digital currency like the U.S. dollar doesn’t necessarily have to be a competitor to a...

Tether to launch GBPT stablecoin pegged to British pound sterling

Tether expects to be part of industry innovation in the United Kingdom as the country is planning...

Record stablecoin market share points to crypto upside: JPMorgan

Despite the FUD around stablecoins, the percentage of stablecoins in the total market cap has been growing...

Magic Internet Money token depegs as Terra (LUNA) domino effect persists

Citing an insider scoop, Autism Capital claimed that Abracadabra accrued $12 million in bad debt as a...

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