All by tag: Stablecoin

Vitalik Buterin and Changpeng Zhao believe that the project should give priority to retail investors as part of an indemnity plan

All data on reserves and issuance dynamics is published on the company’s blog

The project’s founder Justin Sun reported that he aimed at the healthy growth of the asset

The lawsuit says the token, which is pegged to the Japanese yen, collapsed by 80% the day after trading began

Do Kwon’s idea involves paying compensations to UST and LUNA holders who were unable or unwilling to sell their assets during the collapse of prices

In this, SEC Commissioner Hester Peirce believes that the regulatory framework for stablecoins should leave “room for there to be failure”

Terraform Labs will also be removed and a new mechanism for the LUNA token will be developed

The developers used a special Tether Treasury account to destroy the tokens

Janet Yellen also noted that a central bank digital currency could pose a threat to citizen privacy

Tether CTO has said that the company continues to redeem assets for US dollars one-to-one

The company has issued 240 million LUNA to protect the network from attacks

The statements were made in response to rumors circulating online