A stablecoin that’s no longer stable is an “oxymoron,” says Wemade’s Henry Chang
Henry Chang believes that stablecoins must have a 100% reserve to ensure that user funds are protected. Henry Chang, chief executive officer of South Korea-based...
Tag : Stablecoin
EU Stablecoin Ban Would Trigger “Vulgar Volatility,” Lobbyists Warn
The European Union’s Markets in Crypto-Assets legislation could effectively ban dollar-pegged stablecoins like USDT and USDC in 27 member states. Lobbyists have warned that the...
Stablecoin Reserves Need to Be “Publicly Transparent”: Jerome Powell
Key Takeaways Federal Reserve Chair Jerome Powell has weighed in on stablecoin regulation. Speaking at the Opportunities and Challenges of the Tokenisation of Finance conference,...
Dollar-Backed HUSD Stablecoin Plummets From Peg
Huobi said it is “aware of the current liquidity issues associated with the HUSD stablecoin.” Key Takeaways HUSD has depegged from the dollar and currently...
Stablecoin ecosystem is now now not a 0-sum game: Kazemian
Sam Kazemian, the founder of the world’s first fractional-algorithmic stablecoin, Frax Finance, said that the growth of the stablecoin ecosystem and liquidity requires a further...
Acala Stablecoin aUSD Collapses After Parachain Exploit
Acala Network’s native stablecoin, aUSD, collapsed to zero on Sunday after hackers exploited a bug in a newly deployed liquidity pool to mint over 1.28...
fUSD stablecoin launch and rumors of Cronje’s return send Fantom (FTM) effect elevated
After a strong 2,000% rally in early 2021, Fantom (FTM) price collapsed alongside multiple altcoins and even though the blockchain has an impressive capability, it...
Stablecoin Offer Decreases Over Quarter for First Time in Historical previous
Key Takeaways The total supply of stablecoins dropped for the first time in history. CoinMetrics charts show that over $13 billion has been redeemed directly...
USDD Stablecoin Loses Its Peg As Crypto Market Rout Continues
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Jap Recent Stablecoin Bill Prioritizes Traders’ Security
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