# Algorithmic stabilization is the key to effective crypto-finance

# Algorithmic stabilization is the key to effective crypto-finance

” Algorithmic stabilization is the key to effective crypto-finance “ After the collapse of Terraform Labs’ cryptocurrency, Terra (LUNA), and its stablecoin, Terra (UST), the notion of “algorithmic stabilization” has fallen to a low point in popularity, both in the cryptocurrency world and among mainstream observers. This emotional response, however, is strongly at odds with reality….

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# Crypto stablecoin issuer Circle adds Apple Pay support

# Crypto stablecoin issuer Circle adds Apple Pay support

” Crypto stablecoin issuer Circle adds Apple Pay support “ Circle, the issuer of the United States dollar-pegged stablecoin USD Coin (USDC), has added support for Apple Pay — with the intention of bringing the crypto and traditional payment systems closer together. Circle made the announcement in a Nov. 15 blog post suggesting it may…

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# Major stablecoins destabilized as market volatility and redemptions surge

# Major stablecoins destabilized as market volatility and redemptions surge

” Major stablecoins destabilized as market volatility and redemptions surge “ Plunging cryptocurrency prices are not the only consequence of this week’s FTX-induced crypto contagion.  Significant market volatility this week induced by the collapse of the FTX exchange has impacted stablecoins with many of them de-pegging temporarily. According to CryptoQuant senior analyst Julio Moreno, nearly…

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# Stablecoin issuers Circle and Paxos gain approvals in Singapore

# Stablecoin issuers Circle and Paxos gain approvals in Singapore

” Stablecoin issuers Circle and Paxos gain approvals in Singapore “ Stablecoin issuers Circle and Paxos have each received approvals for their respective licenses from the Monetary Authority of Singapore (MAS), the city-state’s central bank. Circle received in-principle approval for a Major Payments Institution License allowing it to issue cryptocurrencies and facilitate domestic and cross-border…

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