Terra’s Stablecoin UST Is Now Crypto’s Third Biggest
Terra’s US dollar-pegged algorithmic cryptocurrency UST is shifting up the ladder and now ranks third when it comes to total market capitalization. As we speak, the fast-growing Terra USD (UST)….
Tag: Stablecoin
Terra’s LUNA Registers the Strongest Bounce by 15%, UST Becomes the Third-Largest Stablecoin
The Terra blockchain community has been the discuss of the crypto city this yr. After being a part of the broader market correction during the last weekend, Terra’s native cryptocurrency….
DeFi Stablecoin Platform Beanstalk Suffers ~$80M Hack
One other DeFi platform took a serious hit in the present day, because the decentralized, credit-based stablecoin Beanstalk (with it’s stablecoin $BEAN) has damaged it’s peg following a roughly $80M….
The Stablecoin Issue: Should Stability Undermine Scalability
The present cryptocurrency panorama, though fast-growing, remains to be noticeably removed from being the inadvertent selection in finance for the typical Jane and Joe. Among the many few boundaries to….
Terra Heads Up, Why NEAR May Launch Stablecoin With 20% APR
Crypto Insiders founder Zoran Kole revealed the doable launch of a Close to Protocol native stablecoin. By way of a substack publish, Kole claimed the digital asset will probably be….
Terra Founder Addresses Concerns on Any Loss of Bitcoin Peg to UST Stablecoin
Terra’s mum or dad entity Luna Basis Guard (LFG) has been on an enormous Bitcoin acquisition spree to peg BTC to its stablecoin UST. Terraform Labs founder Do Kwon lately….
Quant Explains How Stablecoin Ratio Can Give Bitcoin Buy Or Sell Signals
A quant has defined how the information of the stablecoin provide ratio (SSR) could also be used to seek out Bitcoin purchase or promote indicators. Stablecoin Provide Ratio Could Be….
Terra Community Burns 4 Mln LUNA Tokens To Build Stablecoin Reserves
The Luna Basis Guard (LFG), a blockchain group centered across the Terra community, mentioned it had burnt 4 million LUNA tokens to mint about 372 million of the stablecoin TerraUSD….
Russia-Ukraine Tensions Wipe $160 Billion Off Crypto Markets; Stablecoin Demand Rises
In accordance with information from coinmarketcap.com, crypto’s market capital slumped to $1.82 trillion from $1.98 trillion by the week to Feb. 19, shedding about 8.1%. As compared, the S&P 500….
Regulation Could Bolster Stablecoin Innovation
Performing comptroller of the Workplace of the Comptroller of the Forex (OCC), Michael Hsu has revealed that regulating stablecoin issuers like banks, might assist improvements thrive within the crypto business…..