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federal-reserve-says-private-stablecoins-vulnerable-to-runs-in-new-report
Posted by | May 10, 2022
Federal Reserve Says Private Stablecoins Vulnerable to Runs in New Report

The U.S. Federal Reserve is voicing concerns about the viability of cryptocurrency stablecoins and is suggesting the utility of government-backed alternatives. In a wide-ranging report discussing financial stability across numerous...

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terra-peg-mechanism-in-doubt-as-ust-crashes-to-$0.67
Posted by | May 9, 2022
Terra peg mechanism in doubt as UST crashes to $0.67

The third-largest stablecoin by market cap, TerraUSD (UST), appears to be in a catastrophic tailspin which has seen it de-peg from the dollar and drop to as low as $0.67...

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