Circle USDC Is Slowly Taking Over Crypto
There is one company that is slowly taking over crypto. A company that is backed by Goldman Sachs, BlackRock, and their fellow Wall Street ilk.…
Category: Stable Coins
Terra, LUNA & UST Collapse: What Happened? The Inside Story!
– TIMESTAMPS – 0:00 Intro 1:33 What is Terra? 4:30 How Does Terra Work? 7:22 Seigniorage 10:35 Anchor Protocol 15:12 Luna Foundation Guard 18:54 Backing…
How Terra’s UST and LUNA Imploded
Even as the entire crypto market tanked, the biggest story was the dual implosion of Terra’s UST and LUNA. Here’s what happened. Amid the craziest week…
What Went Wrong With UST & Luna And What Does Bitcoin Have To Do With This?
After the dramatic collapse in the cryptocurrencies TerraUSD and luna, Terraform Labs administrators responded overnight by pausing the network and then resuming it – effectively turning…
Stablecoins
Stablecoins are cryptocurrencies “pegged” to a fiat currency. They can be used as stores of value or units of account, as well as in other…
What Effect Would A Tether (USDT) Meltdown Have On the Crypto Market If It Was Proved To Be A Complete Fraud By U.S. Regulators?
Tether FUD (Fear-Uncertainty-Doubt) continues, most recently with highly respected commentators such as Grant Williams weighing in and ascribing a high likelihood of the stablecoin being…
Could Facebook’s Diem Become FedCoin By Default?
Submitted by Mark Jeftovic, Co-founder and CEO, easyDNA technologies. Today’s post is an excerpt from the monthly edition of The Crypto Capitalist Letter. To learn…
Crypto’s Shadow Currency – Tether (USDt) Surges Past Deposits of Most U.S. Banks
(Bloomberg) — Tether, the crypto stablecoin backed one-for-one by fiat currencies, surpassed $50 billion in circulation, a sum that’s more than the insured deposits at…
What Are Stablecoins?
Stablecoins offer many benefits that other cryptocurrencies provide, with one essential difference – they are stable, hence the name. In a market where the price…