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?
La stablecoin UST perde il suo ancoraggio al dollaro per la seconda volta in 48 ore, la capitalizzazione di mercato LUNA scende sotto quella di UST
Questa novità arriva dopo che la LUNA Foundation Guard ha annunciato che le sue ingenti riserve Bitcoin saranno utilizzate per difendere il tasso di cambio del dollaro statunitense.
‘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.
La stablecoin UST perde brevemente il peg, LUNA scende del 10%
L'evento di sabato ha sollevato interrogativi sul fatto che le riserve Bitcoin di Terra affronteranno presto il loro primo test
9 banche centrali su 10 stanno esplorando la valuta digitale, afferma la BIS
Un'indagine condotta nel 2021 dalla Banca dei Regolamenti Internazionali ha rilevato che più della metà delle banche centrali sta sviluppando CBDC o conducendo esperimenti concreti.
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.
LUNA Foundation Guard acquisisce 1,5 miliardi di dollari in Bitcoin per rafforzare le riserve di stablecoin
Con l'acquisto, il patrimonio di LFG sale a oltre 80.000 bitcoin, ovvero quasi 3 miliardi di dollari.
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.
