Follow stablecoin news, issuer updates, market share changes, regulation, reserve transparency, and payment adoption trends.
IMF Director Tobias Adrian warned crypto investors that macroeconomic factors are expected to put pressure on digital assets, particularly stablecoins.
Samuel Wan 3 min read 
The stablecoin supply ratio (SSR) shows that the stablecoin supply on exchanges tends to increase significantly when uncertainty hits the market.
A class action lawsuit naming Do Kwon personally as a defendant has been announced by FatMan Terra as he retells his story and why he created the FatManTerra account.
The downturn was triggered by the collapse of TerraUSD in May, which paved the way for market share growth of fiat-backed stablecoins.
The draft bill, which is yet to be completed, requires lawmakers to reach an agreement on issues such as custodial wallet standards.
The app will run on the Holepunch platform, which allows users to connect via text, call, or video via distributed technology.
Stablecoin issuers would be forced to have their reserves backed in conservative assets like cash and US Treasury bonds that would not be vulnerable to market panics.
The Reserve Bank of Australia governor argued that the private sector is better than central banks at innovating tokens.
Invictus Capital ousted its founder and allegedly moved investors' funds into UST and Celsius and refused to exit positions.
