You Searched For "stablecoins risks" and got 19 results
Sort By:
2 mins read
Tether's stablecoin loses its dollar peg again after lending platform Celsius freezes all withdrawals
Tether's collapse could potentially be crypto's "Lehman Brothers moment", GlobalBlock analyst Marcu…
George Glover
2 mins read
MoneyGram wants to use stablecoin USDC to 'build a bridge to crypto' for money transfers — even after the Terra meltdown
Meanwhile, MoneyGram wants to get involved in bitcoin transfers to El Salvador, CEO Alex Holmes tol…
Zahra Tayeb
3 mins read
Luna and Terra's stablecoin UST are both crashing: Here's a guide to tether, USD Coin, terra and other reserve-backed cryptocurrencies
Terra's algorithmic stablecoin UST appears to have entered a death spiral. Here's a guide to the la…
Business Insider
1 min read
Private cryptocurrencies and a US central bank coin would be able to coexist, Fed chief Jerome Powell says
The comments were be a shift in tone from July, when the Fed chair said he saw no need for cryptos …
Isabelle Lee
1 min read
Head of consumer protection watchdog signals stance on digital assets with warning on stablecoins
The CFPB's new chief, Rohit Chopra, issued the warning during his first appearance before Congress …
Carla Mozée
2 mins read
Janet Yellen says risks related to stablecoins are 'growing very rapidly' but they're not yet a real threat to financial stability
Yellen testified on Capitol Hill on Thursday as TerraUSD recovered some ground but at $0.33 was sti…
Carla Mozée
2 mins read
The US Treasury says there is 'urgency' in regulating stablecoins to mitigate risks in the $176 billion market
Regulatory frameworks that apply to stablecoin issuers and service providers are "inconsistent," a …
Carla Mozée
2 mins read
Stablecoins could pose a risk to the short-term corporate debt market that could spread to other asset classes, FitchRatings says
Many of these coins are tied to commercial paper, and any turbulence could rapidly spread to other …
Camomile Shumba
2 mins read
TerraUSD stablecoin tumbles and luna token plunges 97% as rescue attempts fail to avert 'death spiral'
The crash in supposed stablecoin TerraUSD has caused dismay in cryptocurrency markets, and comes du…
Harry Robertson
1 min read
A former manager at a major crypto exchange is accused of making illegal trades to bank $5 million in tether, report says
Boliang reportedly made a retail account in his father's name and then deposited $20 million of cre…
Matthew Fox
1 min read
Terra revives failed luna cryptocurrency after its major meltdown but it falls sharply after launch
The new token "luna" (LUNA), which serves as the main staking asset of the Terra blockchain, droppe…
Zahra Tayeb
4 mins read
‘We should be ready for the worst’ — MakerDAO founder is not optimistic about the stablecoin regulation in 2022
According to him, once MakerDAO finds locations from where it starts to implement large scale…
1 min read
Republican senators want to ban Apple and Google from hosting apps that accept China's digital yuan stablecoin
Marco Rubio and Tom Cotton are two sponsors of a bill that would bar Apple and Google from hosting …
George Glover
2 mins read
Stablecoins could exist alongside a digital dollar as CBDCs could help secure global payments systems, Fed Vice Chair Lael Brainard says
A CBDC "could coexist with and be complementary to stablecoins and commercial bank money," Brainard…
Carla Mozée
2 mins read
Terra's backers vote to keep luna alive and abandon stablecoin UST after its collapse drove a crypto meltdown
Terra now plans an airdrop of new luna starting Friday, but wallets with more than 1 million of old…
Hamza Fareed Malik
2 mins read
Investors ploughed $300 million into bitcoin last week as Terra's stablecoin went into meltdown
It was a "strong signal that investors saw the recent UST stablecoin de-peg and its associated broa…
Zahra Tayeb
2 mins read
The founder of collapsed stablecoin TerraUSD wants to build another blockchain from its network's ashes
Do Kwon wants to hard fork the Terra blockchain to create "classic" and new versions, with 1 billio…
Zahra Tayeb
2 mins read
Tether losing its one-to-one US dollar peg exposed its vulnerability but also showed how the stablecoin can build confidence in the future
Tether has regained its US dollar peg. But experts say losing it earlier could be a wakeup call for…
Brian Evans
2 mins read
Binance suspends trading of Terra and Luna as CEO says he is 'very disappointed' with how the stablecoin creators handled the massive collapse
"[We] felt suspending trading is the best way to protect our users at this time," Binance's CEO sai…