Stablecoins News
MoneyGram Partners With Stellar for Stablecoin Remittances, El Salvador Targeted
International cross-border remittances company MoneyGram is partnering with the Stellar blockchain to allow Stellar wallet users to transfer...
Tron DeFi Soars to $6 Billion Amid Release of New Stablecoin
Tron has become DeFi’s third-largest blockchain, with the launch of its new Terra-like algorithmic stablecoin promising yearly returns of ...
LUNA Investor Arrested for Knocking on Founder’s Door After Losing $2.4 Million
A South Korean investor who claims to have lost US$2.4 million in the Terra ecosystem collapse earlier this month has been arrested after kn...
Crypto Updates from the World Economic Forum Conference
Despite previous displays of disdain for the sector, cryptocurrencies have featured prominently in this year’s edition of the World Ec...
Fantom Stablecoin ‘DEI’ Loses Dollar Peg, Sinking 35%
Following on from the collapse of TerraUSD (UST), the Fantom-based algorithmic stablecoin DEI has also lost its dollar peg, plummeting 35 pe...
Terra Founder Claimed to be Mastermind of Failed Earlier Stablecoin Project, Basis Cash
Do Kwon, founder of the Terra blockchain and the company behind its protocol, Terraform Labs, was allegedly the brains trust of another fail...
Luna Plummets 97% Amid $900 Million in Liquidations
The sea of red in the crypto market has caused issues with Terra’s UST stablecoin, which relies on bitcoin as a reserve currency. The ...
US Fed and Treasury Hint at Incoming Stablecoin Regulation Following UST Fiasco
Both the US Federal Reserve and Treasury are eager to see stablecoins regulated by the end of this year, a move they say would improve the o...
Luna to Inject $1 Billion to Save UST Stablecoin, But is it Too Late?
The Luna Foundation Guard (LFG), stewards of Terra’s UST, are looking to raise over US$1 billion to shore up the algorithmic stableco...
NEAR Protocol Launches Decentralised Stablecoin ‘USN’ to Compete with UST
The highly anticipated decentralised stablecoin USN has launched on the Near protocol with Decentral Bank, an independent team, taking the l...
Tron to Launch an Algorithmic Stablecoin Backed by $10 Billion in Crypto
Tron CEO Justin Sun has announced his plan to launch a decentralised algorithmic stablecoin known as Decentralised USD (USDD) on the Tron bl...
Terra UST Flips Binance USD to Become Third-Largest Stablecoin
Decentralised algorithmic stablecoin TerraUSD (UST) seemingly can’t help but make headlines these days. Most recently, it surpass...