Jeremy Allaire Says Circle Will Use Own Resources to Cover Shortfalls As USDC Moves Closer to Peg
Circle CEO Jeremy Allaire is talking out for the primary time following USDC‘s depeg from the greenback, which noticed over ...
Tag: Peg
Nine out of top 10 stablecoins trading below peg as USDC contagion spreads – Tether sole survivor
Advert9 of the highest 10 stablecoins by market cap are buying and selling under their greenback peg because the market ...
Staked Ether (stETH)/ETH Peg Deviates Further, Risks Another Crypto Market Crash?
Staked ETH (stETH) deviates farther from Ethereum (ETH) with the trade price on Curve dropping to 0.9585 ETH. The stETH-ETH ...
Tron Founder Justin Sun Announces Plan To Deploy $2,000,000,000 To Defend USDD Peg As Crypto Markets Plummet
Tron (TRX) founder Justin Solar says the Tron DAO Reserve will deploy $2 billion to defend the Decentralized USD (USDD) ...
The Luna Foundation Guard’s 80k Bitcoin Sold to Save UST’s Peg Were Likely Scooped Up By BTC Whales
Abstract: Earlier this month, the Luna Basis Guard drained its 80k Bitcoin reserves to save lots of UST’s peg. In ...
Another algorithmic stablecoin, DEI, loses peg
One other algorithmic stablecoin from Deus Finance, DEI, fell to as little as 54 cents on Monday, persevering with what ...
The Luna Foundation Guard Allegedly Sent 52k Bitcoin to Gemini and 28k to Binance to Try Stabilize UST’s Peg
Abstract: The crypto group has begun investigating the move of the Luna Basis Guard’s Bitcoin reserves throughout USTs depegging occasion ...
Luna Foundation Guard Prepares $1,500,000,000 in Bitcoin (BTC) and TerraUSD (UST) To Protect Stablecoin Peg
As TerraUSD (UST) plummets in worth, the Luna Basis Guard says it’s making ready $1.5 billion in Bitcoin and UST ...
