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Stablecoins

Stablecoins are digital assets that are referencing (pegged to) other assets, usually fiat currencies such as U.S. dollar and euro

Stablecoins

Stablecoins are digital assets that are referencing (pegged to) other assets, usually fiat currencies such as U.S. dollar and euro

Stablecoins   -   Apr 12, 2023 Assets Belonging To Terra Employees Seized While Terra Is Still Advertised
Emblem of the Korean National Police Agency and Terra logo.

While the South Korean prosecutor's office is actively attempting to seize the assets and property of Terra employees, an advertisement for the collapsed company is shown during the first day of Major League Baseball in Washington, D.C.

Stablecoins   -   Apr 11, 2023 MakerDAO Votes to Keep USDC as the Main Reserve
MakerDAO Votes to Keep USDC as the Main Reserve

On March 20, a vote was opened for the MakerDAO community to ‘normalize’ the parameters of the Price Stability Module (PSM). As a result, USDC remained the main reserve asset of PSM.

Tether, StealthEX and SimpleSwap logo.
Stablecoins   -   Apr 19, 2023 Tether Pushes Utility, Launches its Stablecoins on Two Instant Exchanges

Euro Tether (EURT) and Tether Gold (XAUT) stablecoins expand to StealthEX and SimpleSwap platforms while USDT regains 2022 market cap.

Alex Harutunian
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Stablecoins   -   Apr 19, 2023 Tether Pushes Utility, Launches its Stablecoins on Two Instant Exchanges
Tether, StealthEX and SimpleSwap logo.

Euro Tether (EURT) and Tether Gold (XAUT) stablecoins expand to StealthEX and SimpleSwap platforms while USDT regains 2022 market cap.

Alex Harutunian
Stablecoins   -   Apr 12, 2023 Assets Belonging To Terra Employees Seized While Terra Is Still Advertised
Emblem of the Korean National Police Agency and Terra logo.

While the South Korean prosecutor's office is actively attempting to seize the assets and property of Terra employees, an advertisement for the collapsed company is shown during the first day of Major League Baseball in Washington, D.C.

Alex Harutunian
Stablecoins   -   Apr 11, 2023 MakerDAO Votes to Keep USDC as the Main Reserve
MakerDAO Votes to Keep USDC as the Main Reserve

On March 20, a vote was opened for the MakerDAO community to ‘normalize’ the parameters of the Price Stability Module (PSM). As a result, USDC remained the main reserve asset of PSM.

Alex Harutunian
Stablecoins   -   Apr 08, 2023 UPD: Ex Terra Employee, Daniel Shin, Remains at Large
Daniel Shin on the background of crossed out handcuffs

On March 27, the Seoul Southern District Prosecutor's Office requested an arrest warrant for Daniel Shin for the second time and was again refused by the court.

Alex Harutunian
Centralized stablecoins   -   Apr 07, 2023 USDC to Launch on Cosmos
Cosmos and USDC collaboration.

Circle's partnership with cryptocurrency start-up Noble will bring the USDC natively to the Cosmos ecosystem.

Alex Harutunian
Stablecoins   -   Mar 31, 2023 A New Stage in the Investigation Against Terra Employees
The founders of Terra, Kwon and Shin, and the Judge's Hammer.

The legal representative of Do Kwon is trying to appeal the decision of the Court in Montenegro and the issue of extradition of Kwon from Montenegro is also being resolved. South Korea is once again launching a prosecution against a former Terra employee, Daniel Shin.

Alex Harutunian
Stablecoins   -   Mar 31, 2023 Tether Stablecoins Linked to the Euro and Gold are Available on Bit2Me
Bit2Me logo and Tether logo with gold and Euro.

Users of the platform Bit2Me can make transactions with Tether Gold (XAUT) and Euro Tether (EURT).

Alex Harutunian
Stablecoins   -   Mar 29, 2023 Hayes Explains Problems With Stablecoins, Proposes a New Type
Hayes Explains Problems With Stablecoins, Proposes a New Type

Arthur Hayes, the co-founder and former CEO of crypto exchange BitMEX, criticized both custodian and decentralized stablecoins and proposed a new stablecoin called the Satoshi Nakamoto Dollar, or NakaDollar (NUSD). Unlike existing stablecoins, NUSD would be supported only by Bitcoin.

Alex Harutunian
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