Analysis
TerraUSD dollar peg rocked by weekend dump, LUNA drops 20%
Crypto Twitter is divided on claims that an attack through massive sell orders attempted to bring down the Terra ecosystem.
Liam 'Akiba' Wright 3 min read
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Djed emerges as a Cardano stablecoin following public testnet launch
Djed, an algorithmic stablecoin pegged to the Shen token, has launched its public testnet in preparation for mainnet launch in June this year.
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After UST’s success, a new race for L1 stablecoins is here
The algorithmic stablecoin TerraUSD (UST) has proven to be wildly successful, becoming the third largest in the market. This has changed the playing filed for all.
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We are ready for a bank run says Tether CTO Paolo Ardoino
Tether simulates the 2008 economic crisis to asses what a bank run on the Tether portfolio would look like.
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Critics say algorithmic stablecoins are ‘disaster waiting to happen’
Algorithmic stablecoins looking to imitate the security of the dollar have recently been branded by critics as ticking time bombs.
Payments
Stripe begins roll out of crypto payout option for Twitter creators
Stripe is giving select Twitter creators access to crypto payouts in USDC via its Connect app as the first phase of a wider expansion of crypto payment options.
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Gold-backed digital assets outperform Bitcoin, Ethereum
PAXG has risen by 7.4% in 2022, while its closest competitor, XAUT, has increased by 8.5% within the same period.
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Terra’s UST is now the third most valuable stablecoin
Terra’s UST trading volume pales significantly against its other rivals in the space.
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Inflation-linked stablecoin from Frax Finance is a big deal, here’s why
Frax Finance brings innovation with a CPI-linked stablecoin designed to protect purchasing power. But can it work effectively in practice?
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Tether (USDT) and USDC stablecoins are being launched on the Cardano blockchain
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Tether plans to reduce commercial debt holdings in its reserve, goes live on Kusama
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Circle to raise $400M in BlackRock-led funding round
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