Stablecoins
Terra’s UST is now the third most valuable stablecoin
Terra’s UST trading volume pales significantly against its other rivals in the space.
Oluwapelumi Adejumo 2 min read Stablecoins News
Follow stablecoin news, issuer updates, market share changes, regulation, reserve transparency, and payment adoption trends.
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Oluwapelumi Adejumo 2 min read 
Stablecoins
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?
Stablecoins
Tether (USDT) and USDC stablecoins are being launched on the Cardano blockchain
Stablecoins have been in the cryptocurrency market since the launch of Tether, but no stablecoins have existed on the Cardano blockchain until now.
More Stablecoins News & Analysis
Stablecoins
Tether plans to reduce commercial debt holdings in its reserve, goes live on Kusama
Tether has reiterated its plans to reduce its commercial debt paper holdings.
Stablecoins
Circle to raise $400M in BlackRock-led funding round
BlackRock has also entered a strategic partnership with Circle to become USDC’s primary asset manager.
DeFi
TiTi Protocol secures $3.5 million to build the first use-to-earn algorithm stablecoin
TiTi protocol announces a successful fundraising round of $3.5 million
People
Several Crypto Twitter analysts create LUNA “exposes,” Do Kwon responds
The tweets proceed to question whether LUNA is truly decentralized and if it is too reliant on Anchor Protocol.
Price Watch
Bitcoin dips below $43k – UST backing not enough as Fed turns hawkish
Despite acquiring over 26,000 BTC over the last 30 days, Terra’s strategy to back UST with bitcoin couldn’t counterweight market sentiments over the U.S. Fed’s hawkish policy of hiking interest rates by 50 basis points.
Adoption
40% of youngsters want to use crypto for payments, new research reveals
As many as 40% of 18 to 35-year-old people in 11 countries want to use crypto for payments as they are more efficient and safer.
