Luna Foundation Guard Depletes $3B Reserve Fund to Rescue the UST
The non-profit organization has just unveiled some information about the status of its reserve fund.
Tron Will Not Abandon USDD
Tron founder Justin Sun has said that the Tron ecosystem will not abandon the algorithmic stablecoin USDD despite the collapse of UST and LUNA.
Tether Moves Most of its USDT Collateral to US Treasury Bonds
Stablecoin issuer Tether has reduced its positions in commercial securities over the past six months.
Vitalik Buterin Donates $4 Million in USDC to Develop Pandemic Detection Tool
Vitalik Buterin, co-founder of Ethereum, has donated $4 million in USDC to the Australian University of New South Wales (UNSW) to develop a pandemic prevention solution.
USDT Deviates US Dollar Peg
The price of the stablecoin USDT has tested the level of $0.94 amid the turbulence of the market.
The Central Bank of Chile Insists on the Autonomy of the Digital Peso
The Chilean central bank, which is designing the digital peso, has announced the need for autonomous operation of the system.
Stablecoin UST Loses Peg to the US Dollar Amid Outflow of Assets from Anchor
More than 2 billion UST were withdrawn from the Anchor protocol in less than two days against the decline in the rate of return on deposits.
