News for TerraUSD (UST)

U.S. lawmakers are debating the GENIUS Act, which aims to create a regulatory framework for dollar-backed stablecoins.

Terraform Labs will launch its claims portal on March 31, giving eligible crypto creditors a chance to file for compensation following the firm’s Chapter 11

Nine stablecoins will be affected, including Tether (USDT), First Digital USD (FDUSD), TrueUSD (TUSD), Pax Dollar (USDP), Dai (DAI), Anchored Euro (AEUR), TerraUSD (UST), TerraClassicUSD (USTC), and Paxos Gold (PAXG).

Cryptocurrencies linked to the US dollar are gaining in popularity for cross-border payments, writes Harry Clynch

The Constitutional Court of Montenegro rejected an appeal by Do Kwon, the former CEO of Terraform Labs, against a Supreme Court decision on his extradition.

Before being nominated by President-elect Trump to lead NASA, Jared Isaacman guided his payments company Shift4 into the crypto market.

Stablecoins have become a cornerstone of the cryptocurrency market, offering a stable alternative to the volatility of traditional digital assets. Pegged to fiat currencies like the US dollar…

The liquidators of collapsed hedge fund Three Arrows Capital (3AC) filed a motion to amend their claim against FTX, increasing it from $120 million to $1.53 billion.

On Monday, Stripe placed a $1.1 billion bet on stablecoins bridging blockchain and finance. Will it be enough the move the sector?

Stablecoins have become one of the most promising applications of blockchain technology, offering a unique balance between the volatile world of cryptocurrencies and the stability of traditional assets.

PayPal, Swift, Visa and J.P. Morgan Chase are each emerging as key stakeholders in the stablecoin landscape.

Terraform Labs' plan to wind down has reportedly been approved, some two years after the Terra ecosystem collapsed, allegedly wiping out $40 billion in investor funds.

Stablecoins play a key role in the broader crypto market's growth, and while the segment is expected to keep expanding, there are also concerns about how the multi-billion-dollar crypto sub-sector

Over the years, several high-profile personalities have served prison time in U.S. jails, including football legend Orenthal James ‘O.J.' Simpson and Oscar-winning actor Robert Downey Jr.

Do Kwon, the disgraced co-founder of Terraform Labs, is set to be extradited from Montenegro to South Korea, as per a court ruling. The decision rejects a U.S. extradition request.

Renowned cryptocurrency analyst Willy Woo has hinted at the possibility of a Bitcoin (CRYPTO: BTC)-backed stablecoin from Tether (CRYPTO: USDT) in the future.

Musk: Tesla shareholders vote for CEO pay package, Texas move . Meta plans to make company leaner, cut down on VP positions: report. Terraform Labs to pay $4.47B to resolve SEC lawsuit.

In a significant development, Terraform Labs agreed to a civil settlement of $4.47 Billion with the Securities and Exchange Commission after being found guilty of defrauding cryptocurrency investors during the infamous Terra (CRYPTO: LUNA) implosion in 2022.

This article discusses the upcoming earnings reports for the week, Macy’s rejecting a takeover bid, Russia-North Korea updates, and Terraform Labs’ bankruptcy.