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What is Defi, and Why it Might Save Us from the Next Financial Crisis
Financial crises seem to be a recurring phenomenon. After the subprime mortgage crisis, we’ve now seen the Equifax breach,...
Leading Stablecoin, Tether Replaces Commercial Paper Holdings With US Treasury Bills
In a recent blog post published on its website, Tether revealed that it has now reduced its commercial paper holdings...
Not all Stablecoins are stable, says Crypto Expert
The cryptocurrency market is experiencing extreme turbulence, with Bitcoin’s value slumping below £20,000 at the time of writing. There are...
Risks of Stablecoins Highlighted as Terra’s Peg Breaks
Fitch Ratings-Hong Kong/London-12 May 2022: The failure of the algorithmic peg mechanism fixing the price of Terra’s USD stablecoin (UST) and...
Going ‘To Absolutely Zero’ – Panic Is Sweeping Crypto Markets – What’s Occurring to UST?
Controversial stablecoin UST-- which is suggested to be secured to the us dollar-- drops below 40 cents Striking The Rate...
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