Tag: PEG
Abracadabra's MIM Stablecoin Briefly Lost Dollar Peg as FTX's FTT Token Tanked
FTT is the largest collateral backing MIM, accounting for 33% of the total locked in Abracadabra's "cauldrons."
www.coindesk.com [...]
After Huobi Delisting Stablecoin HUSD Falls 72% From Dollar peg
Tron founder Justin Sun has taken up a senior role at Huobi in recent weeks and one of the immediate changes he is making is shifting volume to his ow [...]
Hong Kong Dollar Peg Will Survive Stern Test by Rampant Greenback
HONG KONG DOLLAR, USD/HKD PEG, CHINA - Talking Points:USD/HKD has forced its way to the top of its permitted trading bandHong Kong’s authorities have [...]
Waves-backed stablecoin USDN breaks peg again amid protocol upgrade
As the crypto community tries to navigate the bear market and recover from the onslaught brought about by stablecoin incidents like the Terra crash, a [...]
Algorithmic Stablecoin USDN Falls From Dollar Peg as Liquidity Slumps
Algorithmic stablecoin USDN, which is designed to mimic the value of the U.S. Dollar, has fallen to $0.91.
www.coindesk.com [...]
HUSD Stablecoin Returns to $1 Peg After Liquidity Problems
The HUSD stablecoin, which is issued by Stable Universal, has returned to its $1 peg after suffering "liquidity problems" in relation to a closed mark [...]
Cash-Backed HUSD Stablecoin Loses Peg, Drops to $0.92
The token issued by Stable Universal has dropped to 8% below its $1 peg.
www.coindesk.com [...]
Acala Stablecoins Nears $1 Peg After Community Burns 1.2B aUSD Minted by Exploiters
Acala’s native stablecoin, aUSD, came close to regaining its peg to the U.S. dollar after the Polkadot-based decentralized finance (DeFi) platform bur [...]
Tether Finds Stable Dollar Peg After Terra’s Collapse
In other words, tether has passed the market's stress test, withstanding redemptions in volatile conditions and eventually reclaiming the peg. "The pa [...]
Tron’s Stablecoin Peg to Dollar Wobbles; Justin Sun Swears to Deploy $2B to Prop Up
Tron founder Justin Sun tweeted Monday that the funding rate on the Binance exchange for betting against, or "shorting," the Tron blockchain's native [...]
USDD stablecoin falls to $0.97, DAO inserts $700M to defend the peg
While the market has not yet fully recovered from the onslaught caused by the TerraUSD (UST) depeg, another stablecoin project shows signs of distress [...]
Tether Is Quiet About Its Bankers. Will It Affect Its Peg?
Senior [European Union] officials are expected to sign off on the oil embargo in the coming days, raising the intensity of the bloc’s economic retalia [...]
MakerDAO price rebounds as DAI holds its peg and investors search for stablecoin security
Its been a rough couple of weeks for the cryptocurrency market. Bitcoin (BTC) price is no where near the price estimates of most analysts, multiple st [...]
Fantom Stablecoin DEI Becomes Latest to Lose Dollar Peg
DEI lost as much as 46 cents in European hours this morning. It follows a trend of several algorithmic stablecoins losing their pegs.
www.coindesk.co [...]
First Mover Americas: BTC Drops 2020 Levels of $25K and Tether Loses $1 Peg
The latest moves in crypto markets in context for May 12,2022.
www.coindesk.com [...]