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Stablecoins

May 21, 2022
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.
May 19, 2022
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…
May 19, 2022
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. 
May 18, 2022
Frax Founder Pins $25B Stablecoin Supply Drop on Fed Rate Hikes

Frax Founder Pins $25B Stablecoin Supply Drop on Fed Rate Hikes

The market capitalization of dollar-pegged stablecoins has dropped by $25B in the wake of Terra's collapse.
May 18, 2022
Stablecoin Wars, Where Is the Smart Money Going?

Stablecoin Wars, Where Is the Smart Money Going?

After UST’s fall, we are starting to see a shift in preference between stablecoins. In this video we take a look into where the big players are allocating their capital.
May 17, 2022
UK Proposes Regulations That Would Recognize Stablecoins As A Form Of Payment

UK Proposes Regulations That Would Recognize Stablecoins As A Form Of Payment

“Legislation to regulate stablecoins, where used as a means of payment, will be part of the Financial Services and Markets Bill which was announced in the Queen’s Speech,” a spokesman for Her Majesty’s Treasury told The Telegraph.
May 13, 2022
Do Kwon Wants to Save Terra by Creating a New Chain With 1B of Tokens for LUNA and UST Holders

Do Kwon Wants to Save Terra by Creating a New Chain With 1B of Tokens for LUNA and UST Holders

The Terra ecosystem’s notorious leader is trying to salvage the resources and talent left behind in the wreckage that is UST’s depegging.
May 13, 2022
Algorithmic Stablecoin Landscape Suffers Tremors After Terra Crash

Algorithmic Stablecoin Landscape Suffers Tremors After Terra Crash

Terra’s UST collapse has shattered the foundations of the algorithmic stablecoin market.
May 13, 2022
Trader May Have Lost $9M in Exit from USDT

Trader May Have Lost $9M in Exit from USDT

Data Indicates Bots Made Off With Huge Sum on Arbitrum