Tag: stablecoin
A stablecoin collapse could spill into U.S. bond market: Academic
The near $1.4 trillion collapse of the crypto market in 2022 didn't make a dent to traditional assets like stocks or to the...
New York’s financial watchdog issues stablecoin guidance, calls for reserve requirements
The New York State Department of Financial Services on Wednesday released new rules for licensed cryptocurrency firms that issue stablecoins, calling for reserve...
Who got rich before Terra stablecoin collapsed?
WASHINGTON — In May, the collapse of one of the most popular U.S. dollar-pegged stablecoin projects cost investors tens of billions of dollars...
What happened to the bitcoin reserve behind Terra’s UST stablecoin?
Bitcoin fell below the $26,000 level since December 2020. (Photo credit should read CFOTO/Future Publishing via Getty Images)CFOTO | Future Publishing via Getty...
Tether (USDT) stablecoin regains peg after $3 billion in withdrawals
Tether, the world's largest stablecoin, regained its peg to the dollar after more than $3 billion worth of tokens left the system in...
Terra UST stablecoin dives below $1 peg; luna cryptocurrency down 80%
Bitcoin, the world's largest cryptocurrency, has fallen over 50% since setting an all-time high of nearly $69,000 in November.Dan Kitwood | Getty ImagesThe...
Britain to reveal stablecoin regulation plans, sources say
Britain's Chancellor of the Exchequer Rishi Sunak leaves the 11 Downing Street, in London, on March 23, 2022.Daniel Leal | AFP | Getty...
