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stablecoins

Cardano Set to Onboard Game-Changing Algorithmic Stablecoins, Rivaling Terra’s UST

The concept of algorithmic stablecoins has recently created quite a buzz in the crypto space with Terra’s UST at the center of...

Terra buys $200M in AVAX for reserves as rival stablecoins emerge

Terraform Labs (TFL) and the Luna Foundation Guard (LFG) have announced they have purchased a combined $200 million worth of Avalanche (AVAX)...

Lightning Labs acquires $70 million to add stablecoins to its portfolio

Lightning Labs has raised a significant amount of money to enable and expand the Lightning Network, allowing quicker and cheaper Bitcoin and...

Russia mulls over legalizing crypto mining and stablecoins

The country’s top legislator has suggested that Russia legalize Bitcoin mining and stablecoins. These stablecoins would be backed by gold and regulated by the...

The Central Bank of Hong Kong claims that stablecoins have the potential to enter the mainstream financial system

The Hong Kong Monetary Authority (HKMA), Hong Kong's central bank, is seriously considering regulating stablecoins. While stablecoins still represent a danger to...

Turkey’s Inflation Jumps to 36%, Lira’s Value Plummets, Citizens Flock to Stablecoins

The Republic of Turkey’s economy and the country’s native fiat currency the Turkish lira continue to experience turmoil as inflation has risen...

Rising Inflation Could “Destabilize” Stablecoins And Bring Crypto Industry Down — Coinbase CEO In Search Of Solution

In the US, inflation has been on the rise throughout the entire year. Just last month, the consumer price index (CPI) rose by 0.3%....

Stablecoins flourish in the shadow of Bitcoin, but they continue to confront difficulties and governmental pressure

The Securities and Exchange Commission may levy fines on digital currency exchanges that promote the sale of stablecoins that are potentially securities....

Janet Yellen of the US Treasury will speak on stablecoins

As per a previous press release, US Treasury Secretary Janet Yellen will speak with authorities to examine stablecoins. On...

Stablecoins require stronger regulation, according to Fed Chair Jerome Powell

Stablecoins, like money market funds or bank deposits, should be subject to tougher restrictions, according to Fed Chairman Jerome Powell, who previously...

Latest news

South Korean authorities worried about investors betting on a Terra’s (LUNA) comeback

South Korean crypto traders have recently rushed to buy Terra (LUNA)—a cryptocurrency that lost 99.99% of its value last week when its stablecoin TerraUSD (UST) collapsed,...

Polkadot: Why DOT can be expected to lead the upcoming bull run

Polkadot’s native cryptocurrency DOT has so far managed to remain on the list of top 20 cryptocurrencies by market cap. The latest...

Mashinsky says ‘Sharks of Wall Street’ circling around Celsius and other projects

The CEO of crypto lending and staking platform Celsius Alex Mashinsky believes “the Sharks of Wall Street” can smell blood in the...

Microstrategy CEO Expects Bitcoin to ‘Go Into the Millions’ Despite Crypto Market Sell-Off

Microstrategy’s CEO has predicted that bitcoin is “going to go into the millions” despite the recent cryptocurrency market sell-off. Noting that the...

Getty Images Invests in NFTs

Candy Digital, a creator of the NFT ecosystem, has formed a multi-year relationship with Getty Photos, a prominent provider of journalistic images,...
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