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Sources: US SEC plans to sue Terraform Labs for not registering its TerraUSD stablecoin and misleading investors about the coin's ability to keep its dollar peg (Bloomberg)

February 16, 2023

[ad_1] Bloomberg: Sources: US SEC plans to sue Terraform Labs for not registering its TerraUSD stablecoin and misleading investors about…

CoinGecko: after Tether lost its dollar peg, leading to $8.5B+ in redemptions, Circle's USDC stablecoin circulation rose by $3.4B and Binance USD is up $1.2B (Emily Nicolle/Bloomberg)

May 18, 2022

[ad_1] Emily Nicolle / Bloomberg: CoinGecko: after Tether lost its dollar peg, leading to $8.5B+ in redemptions, Circle’s USDC stablecoin…

Business

World’s biggest stablecoin regains dollar peg after $3 billion in withdrawals

May 13, 2022

[ad_1] Tether has long faced questions over whether it has enough assets to justify its peg to the dollar. Tiffany…

Business

Tether declines to reveal details on $40bn Treasury cache after dollar peg snaps

May 12, 2022

[ad_1] Tether has refused to disclose details on its $40bn hoard of US government bonds for fear of revealing its…

Business

The world’s biggest stablecoin has dropped below its $1 peg

May 12, 2022

[ad_1] Crypto firm Tether has been reducing the amount of commercial paper in its reserves. Jakub Porzycki | Nurphoto |…

Most rival algorithmic stablecoins are below the dollar peg after UST's collapse, while the two largest stablecoins Tether and USDC are holding their dollar peg (Joanna Ossinger/Bloomberg)

May 12, 2022

[ad_1] Joanna Ossinger / Bloomberg: Most rival algorithmic stablecoins are below the dollar peg after UST’s collapse, while the two…

Terra’s UST De-Pegs by 40%, Raising Questions About Feasibility of Algorithmic Stablecoins The algorithmic stablecoin dropped below its $1 peg as the LUNA token plunged.

May 10, 2022

[ad_1] Terra’s stablecoin UST, the poster child for decentralized assets tied to the US dollar, is off its peg by…

UST loses its dollar peg twice in <48 hours, going as low as $0.9825, after the Luna Foundation Guard said it would defend the stablecoin with bitcoin reserves (Sam Kessler/CoinDesk)

May 9, 2022

[ad_1] Sam Kessler / CoinDesk: UST loses its dollar peg twice in <48 hours, going as low as $0.9825, after…

LottieFiles, which develops plugins for app developers to create, edit, and test JSON-based Lottie animations, raises a $37M Series B led by Square Peg Capital (Catherine Shu/TechCrunch)

May 4, 2022

[ad_1] Catherine Shu / TechCrunch: LottieFiles, which develops plugins for app developers to create, edit, and test JSON-based Lottie animations,…