Stablecoins
Terra Founder Floats $38M Proposal for American Sports League Deal
Terraform Labs founder Do Kwon floated a funding proposal for $38.5 million from the Terra community treasury to sponsor a major American sports league team he didn’t name. The funding would be in the form of TerraUSD (UST) stablecoins, or tokens pegged on a 1:1 basis with U.S. dollars.
‘Pay’ Product Looks to Boost Stablecoin Payments on Solana
Can Solana Labs’ open-source payment plug-in pick up where the Bitcoin white paper left off?
Stablecoins Won Crypto Markets in January – With 0% Returns
The coins showed the highest returns among the largest cryptocurrencies in January just by holding their peg to the U.S. dollar.
How This Taiwanese Fintech Company Wants to Bridge the World Using Stablecoins
Taiwan's conservative outlook and strict regulatory environment has limited the country from being a regional financial hub like neighbors Hong Kong and Singapore. Wayne Huang, CEO of Taipei-based TradeTech fintech, discusses how his firm plans to step in to build bridges between countries for business remittances via stablecoins. Plus, insights into the larger crypto environment in Taiwan, the impact of China's crypto crackdown, and concerns of US regulations.
Terra's LUNA Dumps After Wonderland Controversy
The native token of the Terra blockchain dropped sharply after it was confirmed a QuadrigaCX co-founder is tied to the Wonderland project.
There Won’t Be a 'Goldman Sachs Coin' Anytime Soon
The banking giant said last year that it was looking into creating its own cryptocurrency.
Bitcoin to Remain Choppy as 'Fed Put' Expires: Analysts
While the outlook for bitcoin is bearish, experts see a limited downside unless there is a significant slide in technology stocks.
Tether's New Accounting Firm Is the Old One, With Baggage
Moore Cayman is now operating under the MHA Cayman name, but the firm's parent is under investigation in the U.K.
This Taiwanese Fintech Wants to Bridge the World Using Stablecoins
Taiwan’s banking sector is rich with dollars while India's isn't. Taipei-based XREX wants to bring them together.
Fed Preview: How Rate Hikes Could Stimulate Demand for Stablecoins
Higher interest rates will likely increase demand for the dollar. This could translate into higher demand for dollar-pegged crypto this year.
