On May 13, Circle’s chief monetary officer Jeremy Fox-Geen revealed a weblog publish referred to as “How to Be Stable,” following the aftermath of Terra’s
Tag: Stablecoins
UK Affirms Commitment to Regulate Stablecoins Following Terra Meltdown
The British Treasury Department has affirmed its dedication to control stablecoins after the collapse of terrausd (UST) and terra (LUNA). “This will create the situations
Stablecoin Shuffle — Terra Fiasco Shakes up Fiat-Pegged Crypto Economy, Over $35 Billion Disappears
According to statistics on Friday, May 13, the highest stablecoins by market capitalization are at the moment price $163.7 billion after the stablecoin economic system
‘A Dark Day for Crypto’ — A Deep Dive Into the Obliterated Terra Token Ecosystem and Damaged Apps
Following just a few days of carnage, the 2 main crypto property constructed on high of the Terra blockchain have plummeted to important lows. LUNA
SEC Chair Gensler: Crypto Exchanges Are Trading Against Their Customers Often
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, says cryptocurrency exchanges are “buying and selling towards their prospects actually because they’re
US Lawmakers Push for Urgent Stablecoin Regulation — Fed Warns of Stablecoin Runs, Janet Yellen Cites UST Fiasco
As U.S. lawmakers push for the pressing regulation of stablecoins, the Financial Stability Oversight Council (FSOC) and the Federal Reserve Board warn concerning the dangers
Anchor Protocol’s Earn Rate Adjusts for the First Time, From 19.4 to 18% APY
Following the governance vote that aimed to implement a semi-dynamic earn price for the Anchor Protocol, the decentralized finance (defi) platform’s earn price adjusted downward
3 Stablecoins Command Positions within the Crypto Economy’s Top 10, Another Fiat-Pegged Token Is Close to Joining
The final 5 weeks has been brutal for digital currencies as greater than 21% has been shaved off the crypto economic system’s fiat worth since
Stablecoin Economy Is $10 Billion Away From Reaching a $200 Billion Market Cap
The stablecoin economic system has grown over the last month because the market capitalization is now solely $10 billion away from reaching the $200 billion
Circle Chooses BNY Mellon to Custody USDC Reserves
Boston-based Circle Internet Financial has introduced the corporate has chosen BNY Mellon to custody the agency’s usd coin (USDC) reserves. The firm’s dollar-pegged crypto asset