Follow stablecoin news, issuer updates, market share changes, regulation, reserve transparency, and payment adoption trends.
The Fed states that vulnerabilities in stablecoins may be further heightened by the absence of transparency about the riskiness and liquidity of assets backing them.
Abdulrasaq Ariwoola 2 min read 
USDC issuer Circle fails to address claims its account addresses can be blocked rendering funds inaccessible.
The Tether website has to turn on "under attack mode" as it receives 400,000% increase in requests via DDOS attack.
The DAO explained that the withdrawal will help "safeguard the overall blockchain industy and crypto market."
Stablecoins underpin the DeFi market, and the Terra-Luna crash has changed the landscape, with a newfound opportunity for some protocols.
USDC Issuer Circle has introduced Euro Coin, a new stablecoin that will be pegged to the euro and backed by euro-denominated reserves held by U.S.-regulated financial institutions.
Tether stated that commercial papers constitute less than 25% of USDT’s backing, adding that it does not have lending exposures to Celsius and Three Arrows Capital.
Justin Sun and Tron DAO have made several efforts to help USDD regain its peg.
Tron's USDD stablecoin loses dollar peg amid extreme downturn in the crypto market. Fears looms as to its possible crash
