Coinbase is facing class action suits over unstable stablecoins GYEN, TerraUSD
A class-action suit was filed against Coinbase on Thursday claiming the trading platform was negligent in its listing of the ...
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Tag: Stablecoins
Total supply of stablecoins dropped sharply for first time ever in Q2
The total supply of stablecoins saw its sharpest drop in history during Q2 2022, with stablecoin redemptions spiking as a ...
What can other algorithmic stablecoins learn from Terra’s crash?
The spectacular implosion of the Terra ecosystem in mid-May left the crypto industry scarred. Though there were some brave critics ...
New York state releases guidance for issuing dollar-backed stablecoins
The New York State Department of Financial Services (DFS) on Wednesday released regulatory guidance for U.S. dollar-backed stablecoins issued by ...
These are the least ‘stable’ stablecoins not named TerraUSD
The recent collapse of once the third-largest stablecoin, TerraUSD (UST), has raised questions about other fiat-pegged tokens and their ability ...
DeFi protocols launch stablecoins to lure new users and liquidity, but does it work?
Stablecoin projects have been thrust into the limelight over the past month as the popularity of algorithmic stablecoins and the ...
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