News for TerraUSD (UST)

Your best summer reading This is the book I wish I had written. To buy it, click here. I’m very afraid of stablecoins I’m tempted to short the big playe...

New legislation regulating stablecoins could reshape huge parts of the banking and payments system both domestically and abroad.

The criminal case against Terraform Labs co-founder Do Kwon may be influenced by a new U.S. bill targeting stablecoin regulation, a federal judge said during

Stablecoins offer stable store of value and low-cost cross-border transfers. But they also weaken local monetary policies

LONDON (Reuters) -The Bank for International Settlements issued its starkest warning yet on the risks posed by stablecoins and urged countries to move rapidly towards the tokenisation of their currencies. The BIS, often dubbed the central bankers’ central bank, outlined its concerns, including stablecoins' potential to undermine monetary sovereignty, transparency issues and the risk of capital flight from emerging economies. It comes less than a week after the U.S. Senate passed a bill to create a regulatory framework for U.S.-dollar-pegged stablecoins, a move which, if rubberstamped by the House, is expected to fuel a further explosion in their popularity.

Stablecoins represent a pivotal innovation at the intersection of traditional finance and blockchain technology, fundamentally reshaping how value is

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