Stablecoins
Bitfinex CTO plays down reports that Tether was in trouble
Paolo Ardoino addressed the crypto community on May 12 to reassure investors that Tether was never under threat.
Samuel Wan 2 min read
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Exchanges
LUNA, UST re-listed on Binance – ‘there is progress’
Binance announced that it will relist LUNA/BUSD and UST/BUSD pairs for spot trading starting 14:00 UTC on May 13.
Interview
Tether claims they were ready for this bank run
Tether CTO declared that Tether was ready for a bank run over a month ago
Latest Stablecoins News & Analysis
Stablecoins
TerraForm Labs proposes to burn $1.3B in UST to save LUNA
Terraform Labs scrambles to save LUNA with another burn proposal that sacrifices roughly 8% of the total supply of UST.
Stablecoins
You can redeem Tether USDT 1:1 on tether.to but there’s a catch
Regardless of the price on centralized exchanges and DEXs tether remains adamant that you can always redeem on tether.to for 1 dollar
Analysis
Hold on to your hats, Tether USDT shows signs of de-pegging on exchanges
The price of Tether has sunk as low as $0.9663 causing concern that worse is to come.
Rumors
Terra founder reportedly has link to failed stablecoin, Basis Cash
Basis Cash is an algorithmic stablecoin pegged against the US dollar that failed to achieve stability against the dollar.
People
Hoskinson says Cardano has decentralized treasury valued at $723M in ADA, pokes fun at Terra
Charles Hoskinson questions why VCs and cryptomedia love certain altcoins and hate on Cardano in the wake of UST's fall.
Stablecoins
TerraForm Labs CEO Do Kwon announces recovery plan for LUNA, UST following crash
Terraform Labs CEO Do Kwon suggests endorsing the community proposal 1164, which would increase UST's base pool from $50 million to $100 million.
More Stablecoins News Headlines
Stablecoins
Rumors run riot as UST collapses amid Yellen report on stablecoins
Stablecoins
Luna Foundation Guard close to announcing recovery plan for TerraLuna, UST
Analysis
SwissBorg report explains cause of the “death spiral” of UST
Stablecoins
