stablecoins | ForkLog

ForkLog 18 27.03.2022

Luna Foundation Guard Plows More Than $1 Billion into Bitcoin to Back UST

The non-profit Luna Foundation Guard (LFG) invested more than $1 billion in Bitcoin to back the stability of the algorithmic stablecoin Terra USD (UST), according to Morgan Creek Digital co-founder Anthony Pompliano.

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ForkLog 23 24.03.2022

ANZ Bank launches A$DC stablecoin pegged to the Australian dollar

ANZ Bank, one of Australia’s four largest banks, announced the launch of a 1:1 Australian dollar–pegged stablecoin, A$DC, built on Ethereum. The Financial Review reports.

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ForkLog 8 24.03.2022

Powell flags threat to financial stability from cryptocurrencies and stablecoins

Cryptocurrencies and 'stablecoins', in particular, pose risks to the U.S. financial system and require new laws to regulate them. This was stated by Fed Chair Jerome Powell, according to Associated Press.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 9 23.03.2022

Cashio’s stablecoin devalues after attack

The Cashio protocol on Solana was attacked. The price of the CASH stablecoin fell to zero, and the project's TVL declined by $28 million.

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ForkLog 9 15.03.2022

LFG to burn 4 million LUNA to mint roughly $372 million in UST for external collateral

The Terra ecosystem development nonprofit Luna Foundation Guard (LFG) announced a burn of 4 million LUNA to mint roughly $372 million in the UST stablecoin for the subsequent purchase of external collateral.

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ForkLog 29 15.03.2022

Terraform Labs CEO Bets $11 Million on LUNA’s Rise

Terraform Labs CEO Do Kwon accepted Sensei Algod's challenge on LUNA's prospects. He was willing to lose $1 million if, within a year, the asset's price had fallen. The stake soon rose to $11 million.

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ForkLog 11 11.03.2022

Terraform Labs donates 12 million LUNA to Luna Foundation Guard

Terraform Labs donated an additional 12 million LUNA to the Luna Foundation Guard.

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ForkLog 6 10.03.2022

Tether CTO: CBDC rollout will not affect the stablecoin market

The rollout of central bank digital currencies will not affect the stablecoin market. This was stated by Paolo Ardoino, the chief technology officer of Tether, the company behind USDT.

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ForkLog 12 07.03.2022

FTX adds support for Terra’s UST stablecoin

FTX has added support for Terra's algorithmic stablecoin UST.

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ForkLog 6 24.02.2022

How to Earn from Stablecoins and Synthetic Equities in the Terra Ecosystem (Part II)

We examine Spectrum Protocol's yield optimizer and the 'optimistic strategy' using Anchor and ApolloDAO.

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ForkLog 20 22.02.2022

Luna Foundation Guard raises $1 billion to bolster UST stability

Luna Foundation Guard raised $1 billion in a private sale of the LUNA token to a number of investors.

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ForkLog 10 17.02.2022

Fed flags crypto risks in January meeting minutes

Some participants in the Federal Open Market Committee noted rising risks to financial stability linked to the popularisation of crypto assets and DeFi platforms. As noted in the Fed minutes for the January 25–26 meeting.

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