U.S. Treasury Secretary Janet Yellen on Thursday (May 12) called for new regulations on stablecoins, citing the dramatic fall of the Terra token. “I wouldn’t...
Stablecoin panic spread Thursday (May 12), with No. 1 stablecoin tether (USDT) breaking the buck in the wake of TerraUSD’s spiraling plunge below $1 over...
Superscript has become the first broker from Lloyd’s of London to roll out a product to help Distributed Ledger Technology (DLT), digital asset and blockchain...
When the third largest stablecoin collapsed this week, investors lost more than $25 billion. They’re going to be getting a great deal of attention over...
TerraUSD, one of the largest stablecoins in crypto, may have escaped a classic bank-run-style death spiral Monday night (May 9) thanks to a massive cash...
TerraUSD (UST) is without its dollar peg for the second time in only three days, CoinDesk reported Monday (May 9). It fell as low as...
UPDATE: In the second week of May 2022, the TerraUSD stablecoin “broke the buck,” falling below a $1 peg. Within a week, a run...