Coinbase Officially Suspends Binance USD Stablecoin Tradin
Coinbase Officially Suspends Binance USD Stablecoin Trading https://t.co/5lxOQJ42vr — Ashley (@Ashley50239771) March 14, 2023
Coinbase Officially Suspends Binance USD Stablecoin Trading https://t.co/5lxOQJ42vr — Ashley (@Ashley50239771) March 14, 2023
#USDC, the 2nd largest #StableCoin is no longer stable. It depegged from the U.S. dollar and is now trading at 91 cents. A portion of its reserves were held in a non-insured account at #SVB. Just one domino of many …
HOW DOES A STABLECOIN LOSE EIGHT HUNDRED MILLION DOLLARS?!?! USDC? pic.twitter.com/bh4sNe4EbG — Bitfinex'ed 🔥🐧 Κασσάνδρα 🏺 (@Bitfinexed) July 30, 2022
LUNA, the First Crypto to Hyperinflate, Is Now Worth Zero
by Chris Black Let me begin with the biggest redpill in crypto: Stable coins only exist to prop up the crypto scam. They are just conjured out of thin air, but claim real dollar reserves back them 1:1. Any real …
(Bloomberg) — The U.S. Treasury’s top official for financial oversight said government regulators need action from lawmakers to adequately protect investors — and the wider financial system — from risks posed by stablecoins. “If Congress does not enact legislation, the …
by Ordinary_investor I thought it was somewhat of a milestone to share it with this community. Never thought it would balloon to these levels and still continue without collapsing on itself nor authorities intervention, but in hindsight back into the …
Tether has released a statement showing their monetary allocations. This isn’t the actual legal document requested by the NYAG. This is something else. So…per Tether: The majority of its assets are in ‘commercial paper’. Aka IOU’s. Since Tether also owns …