UST

treasury-secretary-yellen-says-stablecoins-pose-financial-stability-risks,-cites-collapse-of-terrausd-(ust)
Posted by | May 12, 2022
Treasury Secretary Yellen Says Stablecoins Pose Financial Stability Risks, Cites Collapse of TerraUSD (UST)

U.S. Secretary of the Treasury Janet Yellen is calling for legislation that will regulate stablecoins to eradicate the risks she believes they pose to financial stability. While testifying before the...

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bitcoin-falls-below-$27k-to-december-2020-lows-as-tether’s-peg-slips-under-$0.99
Posted by | May 12, 2022
Bitcoin falls below $27K to December 2020 lows as Tether’s peg slips under $0.99

Bitcoin (BTC) fell out of its long-term trading range on May 12 as ongoing sell pressure reduced markets to 2020 levels.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTether wobbles as UST...

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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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after-terrausd-(ust)-depegging,-macro-guru-raoul-pal-says-stablecoin-regulation-could-be-coming
Posted by | May 10, 2022
After TerraUSD (UST) Depegging, Macro Guru Raoul Pal Says Stablecoin Regulation Could Be Coming

Macro guru and Real Vision CEO Raoul Pal says the recent issues with Terra’s algorithmic stablecoin, UST, may lead to new stablecoin regulation. In a new interview with Bankless, the...

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avalanche-founder-claims-only-one-algorithmic-stablecoin-can-succeed-–-defends-terra’s-ust
Posted by | May 10, 2022
Avalanche founder claims only one algorithmic stablecoin can succeed – defends Terra’s UST

Terra › Opinion Emin Gün Sirer said a US-based team wouldn’t be able to succeed with an algorithmic stablecoin project because of the regulatory framework in the country. 2 min...

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‘kwontitative-easing’-—-btc-price-hits-$43k-in-ust-as-terra-empties-$2.2b-btc-bag
Posted by | May 10, 2022
‘Kwontitative easing’ — BTC price hits $43K in UST as Terra empties $2.2B BTC bag

Bitcoin (BTC) fell below $30,000 for the first time in ten months on May 10 as turmoil at Blockchain protocol Terra continued.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin price bounces...

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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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terra-price-key-support-level-breaks-after-30%-weekly-drop-— more-pain-for-luna-ahead?
Posted by | April 11, 2022
Terra price key support level breaks after 30% weekly drop — more pain for LUNA ahead?

Terra (LUNA) price slid on April 11 as a broader correction across crypto assets added to the uncertainties concerning its token burning mechanism.Bitcoin (BTC) and Ether (ETH) led to a...

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bitcoin-dips-below-$43k-–-ust-backing-not-enough-as-fed-turns-hawkish
Posted by | April 8, 2022
Bitcoin dips below $43k – UST backing not enough as Fed turns hawkish

U.S.› Bitcoin · Ethereum · Terra › Price Watch Despite acquiring over 26,000 BTC over the last 30 days, Terra’s strategy to back UST with bitcoin couldn’t counterweight market sentiments...

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ust-staking-goes-live-on-binance-as-anchor-reserves-fall
Posted by | April 6, 2022
UST staking goes live on Binance as Anchor reserves fall

Yields from Terra's flagship savings protocol will be available to more than 30 million users on Binance. 1983 Total views 35 Total shares On Wednesday, centralized cryptocurrency exchange Binance launched its...

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