A September analysis paper from Cristina Polizu, Anoop Garg and Miguel de la Mata, delved into stablecoin valuation and depegging for 5 main stablecoins: Tether (USDT), Binance USD (BUSD), Paxos (USDP), USDC and The evaluation revealed that USDC…
depegging
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ICO
USDC's 'Black Swan' Depegging Might Have Been Averted With Correct Regulatory Framework
by Jeremyby JeremyFissures among the many progressive left are primarily liable for the shortage of regulatory progress round stablecoins, says John Rizzo, senior vice chairman for public affairs at Clyde Supply hyperlink
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Exchanges
Binance CEO CZ ‘Banks are a threat to fiat-backed steady cash’ in response to SVB, USDC Depegging
by Jeremyby JeremyLearn extra: Kraken eyes personal financial institution amid regulatory scrutinyThe collapse of FTX has put crypto-friendly banks underneath elevated scrutiny, with the current failures of SVB and Silvergate including to the stress on these helps extra Binance CEO…
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Altcoin NewsNews
Depegging, financial institution runs and different dangers loom – Cointelegraph Journal
by Jeremyby JeremyDo these strikes sign a wider warfare by regulators on stablecoins? Might the SEC declare all stablecoins securities, or is BUSD a particular case? BUSD has seemed extra wobbly than is right these days, nevertheless it’s nothing too severe…
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Blockchain
Waves Founder Defends USDN Stablecoin Depegging, Trashes Fears of a UST-Like Implosion; Bitcoin Burrows in Above $20K
by Jeremyby JeremyWith Ethereum’s long-awaited transition to proof-of-stake (PoS) fast approaching, blockchain analytics firm Coin Metrics is…
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