Stablecoin
SVB Collapse Shows the Rot in U.S. Banking and Dollars
Bank balances and money itself are effectively illusions. Reserve co-founder Nevin Freeman considers an alternative.
O colapso do SVB mostra a podridão dos bancos e dos dólares dos EUA
Os saldos bancários e o próprio dinheiro são, na verdade, ilusões. O cofundador da reserva, Nevin Freeman, considera uma alternativa.
El colapso del SVB muestra la decadencia de la banca y del dólar estadounidense
Los saldos bancarios y el dinero mismo son, en la práctica, ilusiones. El cofundador de Reserve, Nevin Freeman, considera una alternativa.
Крах SVB показує гниль банківської системи США та доларів
Банківські баланси та самі гроші фактично є ілюзіями. Співзасновник заповідника Невін Фрімен розглядає альтернативу.
The Banking Crisis Has Been Good for Stablecoin Experimentation
Sovryn, a Bitcoin DeFi protocol, announced a new dollar proxy as others look at alternative models for collateralizing stablecoins amid a banking system crisis.
La crisis bancaria ha sido buena para la experimentación con monedas estables
Sovryn, un protocolo Bitcoin DeFi, anunció un nuevo proxy del dólar mientras otros buscan modelos alternativos para garantizar monedas estables en medio de una crisis del sistema bancario.
Alameda-Linked Wallet Sent $100M in Stablecoins to Crypto Trading Firms After USDC Depeg
A wallet linked to the liquidators of the Alameda Research estate sent $100 million in stablecoins to crypto trading firms over the weekend. Over $47 million worth of USD coin (USDC), which fell victim to a depeg last weekend amid banking concerns in the U.S., was sent to GSR Markets on Monday, with a further $50.3 million sent to Cumberland across two transactions, according to an on-chain analysis by Arkham Intelligence. "The Hash" panel discusses what this means for the state of stablecoins.
Bitcoin Dominance Reaches 9-Month High
The bitcoin dominance rate has climbed amid increasing turbulence in crypto markets, and more lately as the price of bitcoin also reached a nine-month high.
Stablecoin Outlook Following Silicon Valley Bank Failure
The Circle-issued USDC stablecoin regained its dollar peg, recovering from the Silicon Valley Bank-induced chaos over the weekend that saw its price plummet to $0.90 on major exchanges. Tastycrypto Head of Digital Assets Ryan Grace weighs in on the future of stablecoins and USDC volatility.
Bitcoin Hovers Around $25K After Reaching Nine-Month High
Bitcoin (BTC) is hovering around $25,000 after reaching a nine-month high on Tuesday at about $26,500. The rise of the world’s largest cryptocurrency by market value came minutes after the U.S. Consumer Price Index was released. Tastycrypto Head of Digital Assets Ryan Grace discusses his crypto markets analysis and shares his insights into investor sentiment on stablecoins.
