Tether co-founder says UST disaster spells doom for algorithmic stablecoins
The loss of the money within the Terra ecosystem was unfortunate but was not unexpected, according to Collins.

Tether updates, transparency reports, and insights into the role of stablecoins in global finance.
With investors still reeling from the Terra UST fallout, Tether seeks to assure investors that it is different.
EU regulators are using the attack on UST and USDT stumbling as proof that Europe needs a CBDC
Ashish Mehta of Ashish Mehta & Associates claims Dubai and the UAEs regulatory and compliance framework encouraged his law firm to accept crypto payments.
Paolo Ardoino addressed the crypto community on May 12 to reassure investors that Tether was never under threat.
Regardless of the price on centralized exchanges and DEXs tether remains adamant that you can always redeem on tether.to for 1 dollar
PAXG has risen by 7.4% in 2022, while its closest competitor, XAUT, has increased by 8.5% within the same period.