Tag: depegging
The Emergence and Predictable Demise of the Stablecoin – And Its Rising Replacement – The Daily Hodl
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In the dynamic and ever-shifting world of Web 3.0, stablecoins have been perceived as the go-to on-chain safe haven for...
TerraClassicUSD (USTC): A Phoenix Rising From The Ashes
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-->The narrative of TerraClassicUSD (USTC) stands as a monument to tenacity and the potential for resuscitation in the cryptocurrency ecosystem. Once...
Stablecoin bill is a ‘no-brainer’ — Consensys director on US legislation
Amid ongoing campaigns for the elections in 2024, many United States lawmakers have not sealed the deal on legislation aimed at establishing regulatory clarity...
New Zealand dollar stablecoin goes live through local crypto exchange
A New Zealand dollar-pegged stablecoin has gone live through a partnership with New Zealand crypto exchange Easy Crypto and Australian blockchain development firm Labrys.In...
Crypto Weekly Update #30
Crypto Weekly Update #30November 21, 2023CipherTraceMARK COLLINS & DEMETRIOS TSEASRegulatoryJP Morgan’s customers can use JPM Coin to program their accounts and make payments automatically: On...
Bitcoin-friendly Javier Milei wins Argentina presidential election
Argentina's Bitcoin (BTC)-friendly Javier Milei won the country’s presidential run-off election on Nov. 19, beating out his opponent Sergio Massa.With almost 99% of the...
‘Primitive’ stablecoin lacks mechanisms that maintain fiat stability: BIS
Stablecoins lack crucial mechanisms that guarantee money market stability in fiat, and an operational model that gave regulatory control to a central bank would...
Moody’s AI-Powered Service Predicts Stablecoin Depeggings
Moody’s Analytics has stepped into the forefront of financial innovation with a new service that utilizes artificial intelligence to predict the likelihood of stablecoin...
Stablecoin issuer Circle weighing up 2024 public launch: Report
USD Coin (USDC) issuer Circle is contemplating an initial public offering (IPO) in early 2024, according to Bloomberg.A Nov. 7 Bloomberg report citing people...
Moody’s AI Analytics for Stablecoin Stability Prediction
In an increasingly digital financial landscape, staying ahead of market trends and potential risks is more critical than ever, particularly in the realm...
Bug in Fed’s payment system prevents bank customers from getting paid
Some of the largest United States banks are not able to facilitate customers deposits after one of the Federal Reserve’s payment systems suffered an...
Bitcoin price hits all-time highs across Argentina, Nigeria and Turkey
The price of Bitcoin (BTC) has notched new all-time highs against some of the world’s most inflationary fiat currencies.Across 30 hours over Oct. 23 to...
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