Algorithmic Stablecoins Could Be Banned For Two Years, According To U.S. Bill

The bill lays out a series of steps before approving the issuance and circulation of Terra-like stablecoins.

Continue reading Algorithmic Stablecoins Could Be Banned For Two Years, According To U.S. Bill at DailyCoin.com.

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Potential outlaw of Algorithmic Stablecoins: US Government

Regulators from all over the world were informed of the demise of Terra and its algorithmic stablecoin TerraUSD. These assets’ low volatility did not present a problem in the past. After the Terra disaster, things, however, changed drastically. Stablecoins are already being considered as part of existing rules in nations like South Korea and others. […]

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TRON’s Upgraded USDD: an Over-Collateralized Stablecoin

The move aims to safeguard Tron’s stablecoin from Terra's fatal mistakes.

Continue reading TRON’s Upgraded USDD: an Over-Collateralized Stablecoin at DailyCoin.com.

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Stablecoins to be Issued by Licensed Banks and Trust Companies in New Japanese Law

In a move to protect investors, Japan’s parliament has passed a bill classifying stablecoins as digital money that must be connected to the nation’s currency, yen, or another legal tender. (Read More)

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What are Algorithmic Stablecoins?

Not all stablecoins are the same. It's time to learn what makes algorithmic stablecoins unique and concerns about their "stability".

The post What are Algorithmic Stablecoins? appeared first on BitPinas.

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Kwontitative Easing: Winners And Losers From UST Depeg

How bad is this UST depeg for Terra and crypto? It’s bad, but not necessarily bad for everyone… Covered: UST Depegs; Recovers Winners and Losers Of UST Depeg Good chance that this entire mess has been engineered from legacy finance and business banks to get their cut of it. — Boomer 35+ (@35_boomer) May 10, […]

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Cardanos Future Revealed: Founder Would Love To Be The Taylor Swift Of Blockchain

Charles Hoskinson, co-founder of Cardano, joined Discovery Crypto to discuss his thoughts about the state of the crypto space, what current developments in the industry suggest, and the networks future as the Taylor Swift of Blockchains. Cardanos Big Reputation The recent interview sparked a discussion about Cardanos relationship with crypto exchanges like Gemini and other [...]

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$22M of Curve Finance algo stablecoin minted since mainnet launch

Decentralized finance protocol CurveDAO has successfully launched its algorithmic stablecoin crvUSD on the Ethereum network.

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