Terra Supporters Hope to ‘Defy the Odds’ by Pumping the Now-Defunct Stablecoin USTC Back to $1 Parity
It’s been six months since Terra’s algorithmic stablecoin UST (now USTC) depegged from the U.S. dollar and the price has…
Another Stablecoin Fluctuates Wildly as HUSD Slips Below USD Peg to $0.82 per Token
The stablecoin HUSD, originally associated with the crypto exchange Huobi Global, lost its peg with the U.S. dollar on Wednesday,…
Another Stablecoin Depegs From USD Parity, Polkadot-Based AUSD Loses 98% in Value
2022 has been the year of broken stablecoins as a myriad of dollar-pegged crypto assets depegged from their dollar value…
Euro Reaches Parity Against the US Dollar, While the USD Index Taps a 20-Year High
Eight days ago, the euro tapped a record low against the U.S. dollar as it hit $1.028 per unit against…
