Binance to forcibly liquidate major stablecoins — but not Tether
Binance will sell customers’ balances of USDC, USDP, and TUSD into Binance’s stablecoin, BUSD, by September 29.
Bitcoin24h
$90,938.19+0.34%
Ethereum24h
$3,000.80-0.72%
XRP24h
$2.21+1.02%
BNB24h
$876.22-0.88%
Solana24h
$136.63-0.28%
TRON24h
$0.2797-0.42%
Dogecoin24h
$0.1493-0.33%
Cardano24h
$0.4190+0.76%
Hyperliquid24h
$34.26-1.00%
Bitcoin Cash24h
$527.47-1.15%
Central banks playing catch-up in bid to influence stablecoin legislation
The European Central Bank and the Bank for International Settlements both say stablecoins pose a potential threat to financial stability.
Algorithmic stablecoin collapse may crash crypto markets again, says IMF
The IMF is warning investors about so-called “algorithmic” stablecoins ⏤ which are often unstable and not meaningfully algorithmic.
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S&P Global Ratings says Tether’s stability is ‘weak’—by Protos Staff
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DeFi yield aggregator Yearn discloses September incident in yUSND vault—by Protos Staff
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Calvin Ayre linked to Wirecard collapse on German public TV—by Protos Staff
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Top crypto execs cash in as stocks collapse—by Protos Staff
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CHART: Bitcoin ETFs shed $58B, dropping faster than BTC—by Protos Staff
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DeFi gets leaner: Gnosis fires treasury manager with 88% backing—by Protos Staff
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Cardano crisis: senior dev quits after Hoskinson calls in the feds—by Protos Staff
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Users blast curators Re7 and Silo for handling of DeFi turmoil—by Protos Staff
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Jim Chanos missed out on extra 85% annualized from MSTR short—by Protos Staff
