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Tag: stablecoin

UK Treasury en route to legalizing stablecoins amid Terra’s UST crash

May 16, 2022 wp-bot Cointelegraph

During the Queen’s Speech, Prince Charles announced the introduction of a bill that would help tackle illicit finance, reduce economic crime and help businesses grow.

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$1.9T wipeout in crypto risks spilling over to stocks, bonds — stablecoin Tether in focus

May 15, 2022 wp-bot Cointelegraph

The dangers posed by stablecoins to the traditional market cannot be dismissed due to Tether’s exposure to the U.S. credit system.

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SEC Commissioner Expects Tighter Stablecoin Regulation — Yellen Says Stablecoins Not Real Threat to Financial Stability

May 15, 2022 wp-bot Bitcoin News

A commissioner with the U.S. Securities and Exchange Commission (SEC) expects to see stricter regulation on stablecoins. However, Treasury Secretary Janet Yellen says stablecoins are

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Investors Make For Stablecoin Hills As USDT Volume Touches All-Time High

May 13, 2022 wp-bot News BTC

With the market in turmoil, crypto investors are beginning to turn to stablecoins such as USDT and USDC to provide cover from losses. These stablecoins

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Investors Make For Stablecoin Hills As USDT Volume Touches All-Time High

May 13, 2022 wp-bot News BTC

With the market in turmoil, crypto investors are beginning to turn to stablecoins such as USDT and USDC to provide cover from losses. These stablecoins

Read more

What happened? Terra debacle exposes flaws plaguing the crypto industry

May 13, 2022 wp-bot Cointelegraph

The downfall of Terra calls into question the real-world utility as well as the long-term viability of algorithmic stablecoins.

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