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” Vitalik: How to create algo stablecoins that don’t turn into ponzis or collapse “ Ethereum co-founder Vitalik Buterin has shared two thought experiments on how to evaluate whether an algorithmic (algo) stablecoin is sustainable. Buterin’s comments were sparked by the multi-billion dollar losses caused by the collapse of the Terra (LUNA) ecosystem and its…
” ‘Other flavors of Tether’ will bridge users to USDT: Paolo Ardoino “ Tether’s decision to launch a new digital asset pegged to the Mexican peso will be a boon to crypto adoption in the Central American country by providing more onramps to the USDT stablecoin, according to Paolo Ardoino. In an exclusive interview with…
” Tether launches stablecoin pegged to pesos on Ethereum, Tron and Polygon “ Amid market issues surrounding stablecoins, Tether (USDT) launched a new digital asset that will be pegged to the Mexican peso on Ethereum (ETH), Tron (TRX) and Polygon (MATIC) networks. In an announcement sent to Cointelegraph on Thursday, Tether mentioned that the token…
” Polkadot parachains spike after the launch of a $250M aUSD stablecoin fund “ Crypto prices have been exploring new lows for weeks and currently it’s unclear what it will take to reverse the trend. Despite the downtrend, cryptocurrencies within the Polkadot ecosystem began to rally on May 24 and have managed to maintain gains…
” Cryptopedia: Learn the concepts behind stablecoins and how they work “ Cointelegraph’s director of video production Jackson DuMont dissected stablecoins in the latest episode of Cryptopedia. DuMont also explored and explained algorithmic stablecoins and the recent incident involving the TerraUSD (UST) and why it was unable to maintain its dollar peg. DuMont defined stablecoins…
” Ideas vs. practice: How are regulators working together on crypto? “ The regulation of cryptocurrencies across the world is a constant battle for investors in a rapidly expanding and constantly changing ecosystem. Various regulatory agencies around the world view digital assets in a different light that vary significantly from one another. Recently, executive board…
” Enforcement and adoption: What do UK’s recent regulatory aims for crypto mean? “ In April, the United Kingdom’s Economic and Finance Ministry, also known as Her Majesty’s Treasury, announced its intention to put the United Kingdom at the forefront of technology by bringing stablecoins under the country’s payments regulation — a bold move that…
” WEF 2022: Blockchain community breaks stereotypes at Davos “ On the second day of Global Blockchain Business Council’s (GBBC) Blockchain Central Davos 2022, Cointelegraph’s editor-in-chief Kristina Lucrezia Cornèr moderated a panel discussion focusing on the direction that the financial industry is going. Panelists included the co-founder and CEO of Soramitsu, Makoto Takemiya; Treasury executive…
” Law Decoded: The long waves in the aftermath of UST’s crash, May 16-23 “ It’s been two weeks since the shock of the TerraUSD (UST) depegging, but the long waves of this event are still coming in. The Congressional Research Service described the UST crash as a “run-like” scenario and claimed that the crypto…
” fUSD stablecoin launch and rumors of Cronje’s return send Fantom (FTM) price higher “ After a strong 2,000% rally in early 2021, Fantom (FTM) price collapsed alongside multiple altcoins and even though the blockchain has an impressive capability, it has yet to find mass adoption due to the lack of a compelling use case….