stablecoin

As instances of financial stability issues, the US Federal Reserve cites the recent collapse of TerraUSD and other algorithmic stablecoins. In its monetary policy report released on June…

According to a recent poll from accounting firm Deloitte, the majority of U.S. shops are creating the foundation to use cryptocurrency in the near future. In a recent report, Deloitte…

Stablecoins that are tied to the value of the Japanese yen or another fiat currency are now subject to a new law in Japan. There has never been anything like this before. Stablecoins are…

Stablecoin issuers would be subject to the same level of Bank of England oversight as other digital payment businesses already under its purview. The government of the United Kingdom has…

Major organisations have been exploring for methods to integrate cryptocurrency into their operations in recent years. Since many organisations are eager to reap the advantages of…

According to Tether, the stablecoin issuer, the first quarter of this year saw it drop its commercial paper holdings. A 17 percent drop in commercial paper from $24.2 billion in the…

Customers of the FTX US crypto exchange will be able to use stablecoins like USD Coin to fund their FTX Stocks accounts. FTX, the world's largest cryptocurrency exchange, is expanding…

As a result of TerraUSD's devaluation, DEI, DEUS Finance's algorithmic stablecoin, plunges below $0.60. Stablecoin DEI, which was used as collateral for third-party tools built on the…

Legislators are being dragged into the crypto orbit as Terra and Luna swirl around each other. Stablecoins have been a top legislative objective in the United States since November of…

This is because the stablecoin UST, which was pegged to the dollar, has a link with Luna. As the token is being produced at an exponential rate, the circulating quantity of Luna (LUNA)…