You Searched For "stablecoin" and got 20 results
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1 min read
The SEC is investigating if TerraUSD's marketing violated investor protection regulations, report says
Terraform Labs is the firm behind TerraUSD, a stablecoin that sent shockwaves throughout crypto mar…
Brian Evans
1 min read
The biggest stablecoin player wants to be a major bitcoin miner - and it's investing $500 million to compete
The stablecoin operator is looking to become a major bitcoin miner, constructing new facilities and…
Phil Rosen
1 min read
Terra revives failed luna cryptocurrency after its major meltdown but it falls sharply after launch
The new token "luna" (LUNA), which serves as the main staking asset of the Terra blockchain, droppe…
Zahra Tayeb
2 mins read
Crypto is set to get a big boost from the ruble's collapse and the growing market share of stablecoins, JPMorgan says
The reality for Russian citizens over the past week has been a significant loss in purchasing power…
Matthew Fox
1 min read
Republican senators want to ban Apple and Google from hosting apps that accept China's digital yuan stablecoin
Marco Rubio and Tom Cotton are two sponsors of a bill that would bar Apple and Google from hosting …
George Glover
1 min read
Ethereum cofounder Vitalik Buterin says stablecoin turmoil should push investors back to 'principles-based thinking' and not rely on endless growth
"In general, the crypto space needs to move away from the attitude that it's okay to achieve safety…
Brian Evans
2 mins read
Stablecoins could exist alongside a digital dollar as CBDCs could help secure global payments systems, Fed Vice Chair Lael Brainard says
A CBDC "could coexist with and be complementary to stablecoins and commercial bank money," Brainard…
Carla Mozée
2 mins read
Terra's backers vote to keep luna alive and abandon stablecoin UST after its collapse drove a crypto meltdown
Terra now plans an airdrop of new luna starting Friday, but wallets with more than 1 million of old…
Hamza Fareed Malik
2 mins read
Tether investors have redeemed $10 billion worth of the token since the crypto rout rattled faith in stablecoins
Tether investors pulled $10 billion worth of the stablecoin in exchange for US dollars after the to…
Zahra Tayeb
2 mins read
Stablecoin tether has beefed up its Treasury holdings and added over $250 million in non-US government debt to its reserves
The issuer of stablecoin tether now holds over a quarter of a billion dollars in non-US debt as par…
Amanda Cooper
2 mins read
After Luna, Shiba Inu may be the next memecoin to go bust, according to experts
After the crash of cryptocurrency Luna this month, meme-based token Shiba Inu might be the next to …
2 mins read
Investors ploughed $300 million into bitcoin last week as Terra's stablecoin went into meltdown
It was a "strong signal that investors saw the recent UST stablecoin de-peg and its associated broa…
Zahra Tayeb
2 mins read
The founder of collapsed stablecoin TerraUSD wants to build another blockchain from its network's ashes
Do Kwon wants to hard fork the Terra blockchain to create "classic" and new versions, with 1 billio…
Zahra Tayeb
2 mins read
Tether losing its one-to-one US dollar peg exposed its vulnerability but also showed how the stablecoin can build confidence in the future
Tether has regained its US dollar peg. But experts say losing it earlier could be a wakeup call for…
Brian Evans
2 mins read
Crypto regulation needs to allow for 'trial and error' in the market and account for variations between stablecoins, SEC Commissioner Hester Peirce says
"With experimentation ... we need to allow room for there to be failure as well because that obviou…
Carla Mozée
2 mins read
Customers sue Coinbase over 'untold millions' of losses from a stablecoin's loss of a yen peg
Customers who invested in gyen have alleged crypto exchange Coinbase mislead them about the stablec…
Hamza Fareed Malik
2 mins read
Binance suspends trading of Terra and Luna as CEO says he is 'very disappointed' with how the stablecoin creators handled the massive collapse
"[We] felt suspending trading is the best way to protect our users at this time," Binance's CEO sai…
Carla Mozée
1 min read
Paypal says it is looking into developing a dollar-backed stablecoin as payments giant boosts crypto efforts
PayPal confirmed the news to Bloomberg after a developer discovered the evidence inside PayPal's iP…
Isabelle Lee
2 mins read
Janet Yellen says risks related to stablecoins are 'growing very rapidly' but they're not yet a real threat to financial stability
Yellen testified on Capitol Hill on Thursday as TerraUSD recovered some ground but at $0.33 was sti…
Carla Mozée
2 mins read
This week's vicious crypto crash shows a crisis of confidence in the entire ecosystem
For a market that is solely reliant on the dynamics of supply and demand, it's crucial that the cry…