Tag: ust
Djed Review: Cardano’s Algorithmic Stablecoin solution.
Despite what the name implies, many stablecoins haven’t proven to be very stable in recent years. The ramifications of the implosion of the UST algorithmic stablecoin in [more…]
Fed Vice Chair Calls for Stablecoin Regulation, But Says They Can Coexist With CBDCs
Lael Brainard, the newly appointed Vice Chair of the US Federal Reserve, says there’s a need for stablecoin regulation and believes they can coexist with a government-backed [more…]
VeChain Foundation Inviting Terra Developers Over to VeChain After UST and LUNA Collapse
The VeChain Foundation has put a call out to Terra developers to join the VeChain blockchain following the disintegration of the Terra ecosystem. The Vechain Foundation has [more…]
G7 Countries Will Discuss Crypto Regulation In Next Meeting: Report
G7 countries will be discussing global crypto regulations at their next meeting later this week, says an official attending. According to a report from Reuters, France’s central [more…]
Binance CEO Changpeng Zhao Doubts Terra’s Plans for a Fork
Changpeng Zhao (CZ), CEO of Binance, has voiced his opinion on Terra’s proposal to fork its blockchain and attempt a recovery. Following the collapse of both LUNA [more…]
UK To Go Ahead With Stablecoin Regulations After Queen’s Approval
Less than a week after Terra’s $50 billion collapse, UK officials are moving forward with legalizing and regulating stablecoins. The UK’s Treasury Department said it would be [more…]
Terra Halts Blockchain Completely Following Massive Collapse
Terra halted its blockchain on Thursday evening after validators decided to try and prevent governance attacks as the severe inflation of LUNA reduced the cost of attack [more…]
The Plan for Terra’s ‘Return to Form’ After Big Collapse, According to Do Kwon
Following what may go down as the most dramatic crypto catastrophe of all time, Terra Labs founder Do Kwon has laid out the beginnings of a plan [more…]
US Treasury Secretary Janet Yellen Urges for Stablecoin Regulation Following UST Debacle
US Treasury Secretary Janet Yellen has used the TerraUSD (UST) debacle to call for more stablecoin regulation in a recent speech. “A stablecoin known as TerraUSD experienced [more…]
Terra’s UST Goes On Edge of Losing Peg as Crypto Markets Dip
Terra’s UST was briefly in danger of losing its peg as crypto markets continue to dip, putting pressure on the reserve assets that back the stablecoin. As [more…]
