9621 Agnes Crossing, Lake Suzanneview, New Mexico Island 84604-9295.
Phantom-based landing service Scream suffered from losses of FUSD and DEI pegs against the US dollar. Its users used algorithmic stablecoins as collateral for loans in USDT, FRAX, DAI, MIM, and USDC.
The UK Treasury will include the regulation of stablecoins as a payment mechanism in the Financial Services and Markets Act. The Telegraph writes about it. The publication states that the decision to
On the evening of May 15, DEI, the algorithmic stablecoin of the Deus Finance DAO project, lost its peg to the US dollar. #PeckShieldWarning fixed money $DEI tanks are $0.77. https://t.co/mzfVnN06Wi pic.twitter.com/BaqmDF16KM
The Tron ecosystem will not abandon the algorithmic stablecoin USDD despite the collapse of UST and LUNA. In a conversation with CoinDesk, project founder Justin Sun said that the Terraform Labs product
Circle has published information on the reserves and dynamics of the issuance of the centralized stablecoin USDC. Circle remains committed to the transparency and trust of USDC. Our CFO, Jeremy Fox-Geen, explains
Three Arrows Capital co-founder Su Zhu, who previously invested in the LUNA token, commented on the collapse of the Terra ecosystem and the algorithmic stablecoin UST. It’s been an incredibly humbling week
Swiss independent asset manager GAM Holding denied reports that it is in talks with Terraform Labs to provide financial assistance to support the algorithmic stablecoin UST. “This story is not true and
Under the watchful eye of stablecoin issuers, certain exemptions must be maintained to continue innovation. The commissioner explained SEC Hester Pierce. “We need to leave room for failure, which is part of
The Anchor protocol community has proposed lowering the target rate of return on UST deposits to 4%. It is assumed that this contributes to the restoration of parity of the algorithmic stablecoin
Terraform Labs has proposed a set of measures aimed at restoring the algorithmic stablecoin UST and the LUNA cryptocurrency. 2/ Various measures are being taken to accelerate this goal. First, the current
