US Treasury Official: Stablecoin UST’s Collapse “Wake Up Call’ For Crypto
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UST’s collapse highlights areas where the industry needs work, the official said The majority of speakers agreed on the need for regulatory clarity Cryptocurrency is growing dangerous fast, a US…
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The UST situation could accelerate talks of a CBDC in the US Even if lawmakers agree on establishing a CBDC, there is still concern over structure and role, others say The ongoing TerraUSD meltdown... [[ This is a content summary only. Visit my website for full links, other content, and…
Jeremy Allaire, CEO of Circle, which issues the second-largest stablecoin USDC, claims to have foreseen Terra and algorithmic stablecoin UST’s collapse six months ago because it was “a house of... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to…
Anders Helseth, a Senior Analyst at Arcane Research, filed an entry on May thirtieth, claiming that Terraform Labs dumped LUNA tokens on retail customers through the collapse of UST. If the Terra... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]…