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Stablecoins

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
USDT Briefly Slips Below $1 Peg as Terra Contagion Spreads

USDT Briefly Slips Below $1 Peg as Terra Contagion Spreads

Crypto's largest stablecoin USDT traded as low as $0.95 overnight before recovering.
UST's 'Reckless' Run Triggers Crackdown on Stablecoins

UST's 'Reckless' Run Triggers Crackdown on Stablecoins

Terra Draws the Ire of Crypto Community as Regulators Circle
Terra's Stablecoin Structure Unravels on a Wild Day

Terra's Stablecoin Structure Unravels on a Wild Day

LUNA's Collapse May Consign UST to Long List of Failed Algo Stablecoins
Major US Clearing House Experiments with CBDC for Real-Time Settlements

Major US Clearing House Experiments with CBDC for Real-Time Settlements

DTCC to explore whether a Federal Reserve-issued digital currency could clear a trade as soon as a brokerage sends the money.
U.K. Embraces Stablecoins as 'Valid Form of Payment'

U.K. Embraces Stablecoins as 'Valid Form of Payment'

London to Mint an NFT and Start Sandbox for Crypto
MakerDAO May Hook Up With Traditional Bank

MakerDAO May Hook Up With Traditional Bank

MakerDAO's deal with a U.S. bank may open a new chapter in DeFi-TradFi collaboration.
Australian Bank Drops Anti-Crypto Stance and Embraces Stablecoins

Australian Bank Drops Anti-Crypto Stance and Embraces Stablecoins

Australia and New Zealand Banking Group Minted an Aussie dollar-denominated token.
Jump and Three Arrows Lead $1B LUNA Buy to Secure UST Against Black Swans

Jump and Three Arrows Lead $1B LUNA Buy to Secure UST Against Black Swans

Proceeds of $1B LUNA sale will be used to secure Terra's stablecoins.