A piece of proposed legislation in the House of Representatives would put a two-year moratorium on creating algorithmic stablecoins. According to Bloomberg’s latest version of the...
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...
On 7 July, leading Decentralized Finance (DeFi) protocol AAVE announced plans to launch the network’s overcollateralized stablecoin – GHO. This decision was made subject to the...
Recently, AAVE announced the creation of a new stablecoin called GHO, native to its platform. The announcement turbocharged AAVE bulls, extending its upside by more than...
One of the leading liquidity protocols, Aave Protocol [AAVE], proposed the creation of its stablecoin “GHO”. This proposal by the Aave Protocol comes amidst an increased...
The world has barely recovered from the UST stablecoin crash and yet another similar threat is already on the horizon. This time in the form of...
The market has serious concerns with regards to the so-called “stability” of much-talked-about stablecoins. With the market still trying to find a balance post the Terra...
Tether [USDT] must surely feel USD Coin [USDC] breathing down its neck in terms of market cap ranking as investors look at the wreckage of TerraUSD...
USDT was commonly seen as the troubled child amongst all the stablecoins, but things rapidly changed as TerraUSD [UST] came into the picture only to crash...
The U.S. SEC Chair Gary Gensler criticized stablecoins and digital asset exchanges for trading against their customers. This criticism comes at a low point for the...