Stablecoins


Markets

UST Resumes Spiral After Quiet Day Orbiting 90 Cents

Terra’s shaky stablecoin is prompting calls for closer regulation by key U.S. officials.

TerraUSD (UST) broke its peg, falling below $1 for a second time on Monday and never regaining it. (Clive Mason/Getty Images)

Tech

UST Stablecoin Veers Wildly From Dollar Peg. Here's the Latest

By tapping into its bitcoin reserves, UST’s salvation may have exacerbated a bitcoin sell-off that brought BTC to its lowest price since July 2021.

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Policy

New Fed Report Repeats Warning About Stablecoin Run Risks as UST Loses Peg

The Federal Reserve's biannual report came out on the same day Terra's dollar-pegged UST stablecoin fell below $0.85.

U.S. Treasury Undersecretary for Domestic Finance Nellie Liang is among U.S. officials warning about run risks in stablecoins. (Win McNamee/Getty Images)

Opinion

Dr. Doom’s Crypto Embrace? We’re All Just Figuring Things Out

Bitcoin skeptic Nouriel Roubini’s development of a digital currency with Dubai’s Atlas Capital is the latest evidence of an industry that is still evolving.

(Kjetil Ree/Wikimedia Commons, modified by CoinDesk)

Opinion

Why We Need Crypto Payments to Work

In a word: competition. This post is part of CoinDesk's Payments Week.

(JP Koning)

Videos

Ukraine Government Launches Website for Donating and Buying NFTs

The Ukrainian government has launched a website for buying and donating NFTs, continuing to leverage crypto to raise funds amid the war with Russia. “The Hash” group discusses the role digital assets have played in the Ukraine crisis, noting the use of stablecoins by those affected.

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Opinion

What Happens if Stablecoins Win?

A roundtable discussion about the future of money and financial markets – everything from bolstering the dollar's demand to outcompeting Visa. This article is part of CoinDesk’s "Payments Week" series.

(Benjamin Child/Unsplash, modified by CoinDesk)

Layer 2

A Brief Overview of Crypto Payments in 5 Charts

Bitcoin launched as a purely peer-to-peer version of electronic cash, inspiring the rise of other cryptocurrency payment options: Here is what the data shows. This piece is part of CoinDesk's Payments Week.

(Melody Wang/CoinDesk)

Layer 2

Bitcoin Payments Remain in Their Infancy but There Are Green Shoots Everywhere

Can cryptocurrencies, stablecoins and CBDCs coexist as methods of payment? Industry leaders shine a light on the future of crypto payments. This piece is part of CoinDesk's Payments Week.

(Melody Wang/CoinDesk)