This happened after the stablecoin lost its peg to the US dollar
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Market
Mar 13, 2023
User exchanged 2 million USDC for 0,05 USDT after the SVB collapseThis happened after the stablecoin lost its peg to the US dollar
Crypto regulations
Mar 9, 2023
US authorities refuse to recognize the system of proof of reserves of crypto exchangesAccording to the regulator, it does not guarantee that customer funds were not lent or used immediately after the report was published
Market
Mar 7, 2023
CryptoQuant records a record inflow of stablecoins to exchanges in 2023The research firm’s analyst considers the growth of the figure a sign of a bull market
Market
Feb 28, 2023
Binance will list Liquity’s token. LQTY rate jumps by 59%Trading in pairs with BTC and USDT will open on February 28 at 11:00 UTC
Market
Feb 24, 2023
Circle CEO criticizes the SEC’s role in regulating stablecoinsAccording to Jeremy Allaire, banking regulators are more suited for this role
Market
Feb 23, 2023
Tether prints 1 billion USDT on the TRON networkThis is the third issue of stablecoins in a month
Market
Feb 23, 2023
USDC stablecoin issuer will increase headcount by 25% in 2023The company also intends to go public via a merger with a special-purpose acquisition company
Market
Feb 23, 2023
Frax Finance DeFi protocol will give up algorithmic backing for its stablecoin98% of the community’s members supported the move to the full collateralization model of the stablecoin
Market
Feb 22, 2023
BUSD stablecoin rate on Binance temporarily drops to $0,2The sharp drop was triggered by a $647 000 market sell order
Crypto regulations
Feb 20, 2023
G20 countries will create standards for regulating stablecoins by the summer of 2023The Financial Stability Board stated that most of the existing assets do not meet the standards being developed
Incidents
Feb 17, 2023
USP stablecoin loses its peg to the dollar after hacking the Platypus DeFi protocolHackers managed to withdraw about $9 million
Market
Feb 14, 2023
Morgan Stanley calls the negative consequences of the fall in the capitalization of stablecoinsAccording to experts of the financial conglomerate, stablecoin issuance plays an important role in trading digital assets