Terra implosion could shape UK stablecoin regulations
In April the UK chancellor announced plans to recognize stablecoins. Terra's recent collapse will give regulators food for thought.
Results for Stablecoin
35 stories, newest first
Meta’s former stablecoin exec launches LightSpark, adopting Bitcoin
After years of attempting to launch a stablecoin for Meta (formerly Facebook), David Marcus has adopted Bitcoin and its Lightning Network.
— Basis Cash, Kwon
Basis Cash: The failed algorithmic stablecoin Do Kwon didn’t learn from
CoinDesk revealed failed algorithmic stablecoin Basis Cash was created by Terra's Do Kwon and BitClout's Nader Al-Naji.
— Crypto, Stablecoin
Here’s how crypto’s third largest stablecoin Terra (UST) collapsed
Third-largest stablecoin UST de-pegged from the US dollar, traded as low as $0.62, and lost over $4 billion in market capitalization.
— Crypto, Stablecoin
Hedge fund shorts Tether, expects it to collapse in the next year
Fir Tree, which manages $4 billion in assets, reckons Tether is backed by watery Chinese commercial paper tied to troubled real estate plays.
Coinbase remittance pitch: Mexicans should swap Pesos for its stablecoin
Coinbase wants a slice of the $700 billion remittance industry by encouraging Mexicans to use its stablecoin USDC instead of Pesos.
— Crypto, Stablecoin
Tether timeline: The complete history of crypto’s most stubborn stablecoin
This is Tether's timeline in full, starting in 1996 when its now chief financial officer was caught selling fake Microsoft software licenses.
Myanmar’s parallel government wants revolution backed by Tether crypto
Myanmar's parallel government has deemed stablecoin Tether official currency amid violent clashes between citizens and military rulers.
— Crime, Stablecoin
Triads, cops still hunt mafia boss who stole $2.6M crypto from Tether trader
A Chinese Triad who kidnapped a Tether trader and beat him with hammers is on the run after pocketing $2.6 million of the victim’s crypto.
Tether Papers: This is exactly who acquired 70% of all USDT ever issued
We catalogued every USDT distributed by Tether in the past seven years to present the most transparent research on the stablecoin to date.