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Nalezeno "stablecoin": 3929

Coinbase Sued Over Collapsed Stablecoin, but It's Not UST (Yet)


  At a time when the third-largest stablecoin, terraUSD (UST) collapsed, a group of Coinbase’s clients are suing the crypto exchange over its alleged role in the promotion and trading of GYEN, another stablecoin the plaintiffs claim brought them millions of dollars in losses.... Read More:...

UST Competitor Maker Erases Weekly Gains


  The price of the stablecoin protocol Maker’s governance token MKR has erased all of its gains from this week, after spiking up by close to 90% on Wednesday. At the time of writing (12:18 UTC), MKR was trading at USD 1,117, down by 27% for the past 24 hours and down by 25% for the past...

Small-cap Stablecoins Struggle to Maintain Peg as Crypto Market Crashes


  Some smaller-cap stablecoins are struggling to maintain their targeted peg, which is mainly USD 1, amid a huge bloodbath in crypto that has wiped off billions from the market. The development follows a depeg seen by Terra (LUNA)'s decentralized stablecoin UST, which seems to have placed...

Grape Finance Secures GRAPE Stablecoin with Chainlink


Grape Finance has integrated Chainlink Price Feeds, gaining access to high-quality and tamper-proof price data. Users benefit from the integration as they are assured that MIM price data is now hyper-resistance to data manipulation. Chainlink Price Feeds has been integrated by Grape Finance...

LUNA Dives Below USD 0.05, UST Trends Lower Despite New Rescue Plans


  The two most-discussed tokens this week - luna (LUNA) and terraUSD (UST) kept moving lower, despite the team behind these projects announcing "three more emergency actions" in an attempt to save the UST algorithmic stablecoin.... Read More: LUNA Dives Below USD 0.05, UST Trends Lower Despite...

Market Panic Puts Tether Peg Under Pressure


  A panic across the crypto market early Thursday morning in Europe put the stablecoin tether (USDT)’s US dollar peg under pressure, with the token trading as low as USD 0.91 on some exchanges. The crash has led some to wonder why arbitrage traders don’t seem to want “free money.”... Read More:...

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