The meaning of “Stable” in Stablecoins changed in the month of May with the depegging of Terra. The cryptocurrency market, clenched in bear claws, is still recovering...
TerraUSD’s depegging and eventual collapse sent shockwaves across the crypto market, and in the wake of its crash, other major stablecoins such as Tether (USDT) and...
Ethereum’s Vitalik Buterin has offered two thought experiments on how to establish whether an algorithmic (algo) stablecoin is feasible in the long term. On 25 May,...
Stablecoins, in general, suffered immensely post the TerraUSD (UST) de-pegging event. This event saw UST drop from its once-stable $1 parity to today’s $0.06 per UST....
Get the highest APY on stablecoins on the Ethereum network, with minimal gas fees and risk, using the nifty middle man called Spool. In just a...
A wise man once said “Algorithmic stablecoins are fast becoming the norm – protocol-issued dollars coming to every blockchain.” Like a self-fulfilling prophecy, two days ago,...
Stablecoins appear to have done very well in an otherwise turbulent year for most mainstream cryptocurrencies. While most cryptocurrencies have rebounded from their deficits, stablecoins maintained...
When it was first envisioned over a decade back, Bitcoin was supposed to be a decentralized alternative to fiat currencies to transform existing financial systems. Much...
Decentralized stablecoin issuer Terra issued a proposal to expand the interchain deployment of its TerraUSD (UST) stablecoin. Namely across five projects on Ethereum, Polygon and Solana....
Blockchain and crypto assets have made tremendous strides in 2021 in virtually every way. The current year did not necessarily get off to an amazing start...