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Stablecoins - Page 10

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Tether To Issue Sterling-Denominated Stablecoin

Tether To Issue Sterling-Denominated Stablecoin

Tether Unveils Upcoming GBP-Pegged Stablecoin.
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USDC Issuer Circle Announces Euro-Backed Stablecoin 

USDC Issuer Circle Announces Euro-Backed Stablecoin 

Circle, the issuer of USDC, will launch a new stablecoin pegged to the euro, the company announced Thursday. 
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Circle Expands Beyond Ethereum With Support For USDC On Polygon

Circle Expands Beyond Ethereum With Support For USDC On Polygon

The move will enable Polygon-based businesses and developers to decrease settlement times and lower costs by accessing USDC directly.
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Ethereum Founder Vitalik Buterin Defends Algo-Stables

Ethereum Founder Vitalik Buterin Defends Algo-Stables

Ethereum inventor Vitalik Buterin said that algorithmic stablecoins should be scrutinized according to how they fare under extreme market conditions, and whether they can safely wind down when hype falls away. Despite the recent collapse of UST and LUNA, which knocked UST from its $1 peg and wiped billions from the market, Buterin argued in…
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Forked Terra Blockchain To Launch On Friday

Forked Terra Blockchain To Launch On Friday

Terra is forking its blockchain and ditching UST, the algorithmic stablecoin that collapsed in dramatic fashion two weeks ago. 
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How to Research Stablecoins | USDC, USDT, BUSD, PAXOS

How to Research Stablecoins | USDC, USDT, BUSD, PAXOS

In the part 1 of 2 series on how to research stablecoins, we take a look at institutionally issued stabelcoins.
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Stablecoins In Regulators’ Crosshairs After Terra Collapse

Stablecoins In Regulators’ Crosshairs After Terra Collapse

Regulators around the world are turning their attention to stablecoins after UST's collapse.
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Tether Has Reduced Commercial Paper Backing USDT by 20% Since April

Tether Has Reduced Commercial Paper Backing USDT by 20% Since April

The world’s largest US dollar stablecoin, Tether (USDT), today announced its first attestation report in six months. The report disclosed that Tether had decreased its commercial paper holdings – short-term commercial debt – by 17% from December 2021 through March 2022, from $24.2B to $20.1B. Tether said it has decreased its commercial paper holdings by…
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Fantom’s SCREAM Falls 50% After Algorithmic Stablecoins Cause Bad Debt

Fantom’s SCREAM Falls 50% After Algorithmic Stablecoins Cause Bad Debt

Traders have taken advantage of the Fantom-based lending protocol having hard-coded fUSD and DEI at $1 despite the tokens trading below their pegs.