A recent Bloomberg report stated that upcoming legislation would ban algorithmic stablecoins such as TerraUSD that collapsed in May this year leading to a global crypto...
Popular Indian crypto exchange WazirX has announced that it will initiate an auto conversion of all existing balances of the second largest stablecoin USDC, Pax Dollar...
In a recent announcement, Binance stated that existing USDC, USDP and TUSD balances in user accounts will be delisted on 29 September. These balances on user...
Today, NumisMe announces the launch of the NumisMe Vaults (featuring APR Booster), Staking, and LP incentives. Simply deposit your crypto and grow your capital with some...
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,...