Tether USD (USDT) is on shaky grounds and has employed the services of a famous accounting firm (BDO Italia). The company comes in to analyze its quarterly reserve reports for transparency. This move happens as the largest issuer...
After Terra’s collapse last week, regulators across the globe have started to take aim at stablecoins. Most of the regulatory concerns have been focused on algorithmic stablecoins like Terra’s UST. Unlike fiat-backed stablecoins like USDC and Tether which are...
Scream is the latest DeFi protocol to suffer at the hands of faulty algorithmic stablecoins.Opportunistic traders have taken advantage of the Fantom-based lending protocol having fixed the value of the network’s native stablecoins fUSD and DEI at $1...
Arman Shirinyan
While Cardano community awaits stable solutions on the network, you can already access them via bridges
Cardano-based stablecoins were long-awaited by a community interested in the ecosystem since this type of asset is the cornerstone of any blockchain-based ecosystem that...
Greetings Riders! As we are now live on mainnet for almost an entire day, we’ve been receiving valuable feedback from the community. One thing that has caused some confusion, around the price of Stablecoins and related rewards.The price of...
