Stablecoin Financial News

01.06 / 04:17

business Stablecoin Banks Speculation Aussie banks ANZ and NAB won’t 'endorse' retail speculation on crypto

Executives at two of Australia’s “big four” banks have ruled out allowing retail customers to trade cryptocurrency on their platforms, with one reasoning that customers don’t understand “basic financial well-being.”

31.05 / 22:37

Blockchain Stablecoin Adoption United Nations Agency UN agency head sees 'massive opportunities' in crypto: WEF 2022

The United Nations is smitten with distributed ledger technology (DLT). In a conversation with Cointelegraph at WEF 2022, United Nations International Computing Centre (UNICC) director Sameer Chauhan explained the “massive opportunities” he sees in cryptocurrencies.

31.05 / 18:45

Stablecoin regulation UK government Terra Luna Terra Safeguards UK government proposes additional safeguards against stablecoin failure risks

In a new consultation paper published on Tuesday, the Treasury of the United Kingdom proposed a new set of regulatory changes for the stablecoin industry.

31.05 / 17:45

Ethereum Stablecoin Adoption Bitcoin Latin American Investors ‘Hoping to Ride Crypto Prices to the Moon’ as Adoption Set to Continue

A report on the state of crypto in the Latin America region has concluded that adoption is likely to continue apace for the rest of the year – and will find fertile ground for growth in the world of cross-border payments and “crypto credit cards.”

31.05 / 16:11

Waves Stablecoin defi MARKET ATH WAVES Skyrockets as Details of DeFi Revival Plan Unveiled, Still Down 85% from ATH

The native token of the blockchain platform Waves (WAVES) has risen sharply in price this week, as a new master plan to bring back confidence in decentralized finance (DeFi) on the network has been unveiled.

31.05 / 13:35

Blockchain Stablecoin Binance MARKET LUNA Rallies as Binance Airdrops Token to Users

The price of the new Terra chain’s native token LUNA rose in the market on Tuesday, as the major exchange Binance airdropped it to users and listed it for trading earlier in the morning.

31.05 / 09:35

Government Stablecoin Tether Asia China state media signals tighter crypto regulations in Terra aftermath

The China state-owned media outlet the Economic Daily has signaled that the Chinese government may introduce even tighter regulations on cryptocurrencies and stablecoins due to the collapse of the Terra ecosystem.

30.05 / 13:37

Stablecoin Binance Tether TRON USDD vs UST: Is Justin Sun's New Stablecoin Just a Clone of UST?

UST, a stablecoin that's supposed to maintain a price peg with the US dollar 1:1, spiraled out of control to reach as low as USD 0.10 this month. Following the momentous rise of UST in just a few months, only a few predicted its monumental crash, especially with the dominance stablecoins were gaining in the market.

30.05 / 11:13

Stablecoin Adoption Payments MoneyGram Support MoneyGram to Support Transfers via Stablecoins, CEO Says Crypto is 'Obviously Here to Stay'

Major money transfer company MoneyGram aims to launch a new service that would enable users to transfer money overseas via stablecoins.

28.05 / 14:07

business Blockchain Stablecoin Adoption Terra (LUNA) 2.0 relaunches according to Do Kwon's revival plan

Do Kwon, the co-founder and CEO of Terraform Labs, confirmed the relaunch of Terra’s new chain, Terra 2.0, which aims to revive the fallen Terra (LUNA) and TerraUSD (UST) ecosystem.

27.05 / 21:28

Blockchain Stablecoin Adoption Gaming WEMIX gains 200%+ after stablecoin and boosted staking rewards announcement

Blockchain-based gaming, also known as GameFi, is an up-and-coming sector that could potentially be one of the primary catalysts for kickstarting the mass adoption of blockchain technology.

27.05 / 18:03

Government Stablecoin Adoption Bitcoin Future How Terra’s collapse will impact future stablecoin regulations

The collapse of the Terra ecosystem, which subsequently depegged its algorithmic stablecoin TerraUSD (UST) value and crashed it to an all-time low of $0.30, has cast doubt over the future of not just algorithmic stablecoins but all stablecoins in general.

27.05 / 14:09

business Blockchain Stablecoin Two key takeaways from Nansen’s UST stablecoin depeg report

As the dust settles on the cataclysmic collapse of the Terra ecosystem, an on-chain deep-dive carried out by blockchain analytics firm Nansen highlights two major takeaways.

27.05 / 12:23

Blockchain Ethereum Stablecoin Burn Terra to burn 1B UST from the community pool as holders vote for it

In another attempt to support the revival of Terra (LUNA), the community voted to burn a large amount of UST from its community pool.

27.05 / 08:35

Blockchain Ethereum Stablecoin Terra Vitalik: How to create algo stablecoins that don't turn into ponzis or collapse

Ethereum co-founder Vitalik Buterin has shared two thought experiments on how to evaluate whether an algorithmic (algo) stablecoin is sustainable.

26.05 / 23:07

Stablecoin Adoption Tether World Economic Forum ‘Other flavors of Tether’ will bridge users to USDT: Paolo Ardoino

Tether’s decision to launch a new digital asset pegged to the Mexican peso will be a boon to crypto adoption in the Central American country by providing more onramps to the USDT stablecoin, according to Paolo Ardoino.

26.05 / 19:25

Blockchain Stablecoin Altcoins Exchange Terra Support Terra Moves Closer to New Chain Launch, Secures Exchange Support

The Terra (LUNA) blockchain is moving closer to being re-born as Terra 2.0, this time without an algorithmic stablecoin. The project has already received the blessing of several exchanges, but questions about what the value of Terra is without a stablecoin have started to emerge.

26.05 / 16:55

Blockchain Stablecoin Tether Tether launches stablecoin pegged to pesos on Ethereum, Tron and Polygon

Amid market issues surrounding stablecoins, Tether (USDT) launched a new digital asset that will be pegged to the Mexican peso on Ethereum, Tron and Polygon networks.

26.05 / 08:21

Blockchain cryptocurrency Stablecoin Luna Classic Terra Classic Luna This Token's Relaunch Kicks Crypto Hype Machine Back Into Gear

The new Luna will be distributed to previous holders of Luna and UST in a so-called air drop.

26.05 / 00:05

Blockchain Ethereum Stablecoin Microsoft Polkadot parachains spike after the launch of a $250M aUSD stablecoin fund

Crypto prices have been exploring new lows for weeks and currently it's unclear what it will take to reverse the trend. Despite the downtrend, cryptocurrencies within the Polkadot ecosystem began to rally on May 24 and have managed to maintain gains ranging from 10% to 25%, a possible sign that certain sub-sectors of the market are on the verge of a breakout.

25.05 / 19:07

Blockchain Stablecoin YouTube Cryptopedia: Learn the concepts behind stablecoins and how they work

Cointelegraph’s director of video production Jackson DuMont dissected stablecoins in the latest episode of Cryptopedia. DuMont also explored and explained algorithmic stablecoins and the recent incident involving the TerraUSD (UST) and why it was unable to maintain its dollar peg.

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