Stablecoin
Terra's UST Stablecoin Falls as Low as 65 Cents Before Rebounding: What Went Wrong?
"Crypto Critics' Corner" Co-host Bennett Tomlin explains what might have gone wrong in the Terra Luna ecosystem leading to the TerraUSD (UST) stablecoin collapse. Tomlin explains the algorithmic stablecoin's dependence on the luna token and addresses the Luna Foundation Guard’s deployment of bitcoin reserves to rectify the price. Plus, a discussion on how centralized crypto exchanges like Binance are reacting to UST losing its peg to the U.S. dollar.
BTC Down Over 10% in 24 Hours, TerraUSD Drops to 92 Cents
TheoTrade Co-founder Don Kaufman shares his bitcoin price analysis as the “digital gold” dropped over 10% during the last 24 hours. How is BTC correlated with the Nasdaq and S&P 500?
Le stablecoin UST perd son ancrage au dollar pour la deuxième fois en 48 heures, la capitalisation boursière de LUNA tombe en dessous de celle de l'UST
Cette évolution intervient après que la LUNA Foundation Guard a annoncé que ses énormes réserves de Bitcoin seraient utilisées pour défendre l'ancrage du dollar américain au dollar américain.
‘It’s a Confidence Game’: Swan Bitcoin CEO on Stablecoin UST Briefly Losing its Peg
Luna Foundation Guard (LFG) will lend $1.5 billion in BTC and UST to defend the peg of its algorithmic stablecoin to the U.S. dollar. This comes after UST briefly lost its peg to the dollar over the weekend.
Le stablecoin UST perd brièvement son ancrage, LUNA chute de 10 %
L'événement de samedi a soulevé des questions quant à savoir si les réserves de Bitcoin de Terra seront bientôt confrontées à leur premier test.
Selon la BRI, 9 banques centrales sur 10 explorent la monnaie numérique
Une enquête menée en 2021 par la Banque des règlements internationaux a révélé que plus de la moitié des banques centrales développent des CBDC ou mènent des expériences concrètes.
Is Justin Sun's USDD Stablecoin a Copycat?
Crypto analysts took a stab at Tron Founder Justin Sun’s new algorithmic stablecoin decentralized USD (USDD), calling it a clone of Terra’s UST coin. "The Hash” group discusses Tron’s whitepaper being an alleged copy of Ethereum, the rapid growth of UST and signs of increasing algorithmic stablecoin adoption.
La Fondation LUNA Guard acquiert 1,5 milliard de dollars en Bitcoin pour renforcer ses réserves de stablecoins
Cet achat porte les avoirs de LFG à plus de 80 000 bitcoins, soit près de 3 milliards de dollars.
Terra to Provide UST Liquidity on Polygon-Based SynFutures
Terra will provide liquidity for TerraUSD (UST) trade pairs on Polygon-based decentralized finance (DeFi) exchange SynFutures as the stablecoin continues to grow in popularity. “The Hash” group discusses the Luna Foundation Guard’s (LFG) bitcoin acquisitions to back the digital asset and Terra’s efforts to build cultural bridges with external ecosystems like Avalanche.
Deltec Bank CEO on Crypto Boom in the Bahamas
Deltec Bank & Trusting Limited CEO Odetta Morton discusses the tremendous growth of the crypto industry in the Bahamas, explaining the advantages of the country’s regulatory framework for those involved in the digital asset space. Plus, the history of Deltec’s involvement with the Tether USDT stablecoin project.
