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Stablecoin
UST’s Design Flaws and Red Flags
In this “Community Crypto” clip, CoinDesk’s Nikhilesh De and Sam Kessler discuss the design flaws of Terra’s algorithmic stablecoin UST as its depeg from the U.S. dollar continues to have ripple effects across the crypto industry. What were the red flags? Plus, Do Kwon’s earlier failed stablecoin project, Basis Cash.

UK Government Proposes Stablecoin Safeguards After Terra Collapse
The measure would give the Bank of England more power over failed stablecoin issuers.

How the US Can Establish Itself as a Crypto Leader
Regulators have an opportunity to map out thoughtful, strategic policy on stablecoins and beyond.

Tether Expands With Introduction of Dollar-Pegged Stablecoin on Polygon
Tether is now available on over 11 blockchain networks.

New Terra Blockchain Launch Expected Saturday, With LUNA Airdrop to Follow
The move is part of a broader plan to help revive the Terra ecosystem and its related tokens.

Circle Asks US Fed Not to Step on Its Toes by Launching a Digital Dollar
USDC stablecoin issuer Circle is arguing the U.S. Federal Reserve should pass on launching a central bank digital currency (CBDC) because the public is already served well by private-sector tokens. Meanwhile, Fed Vice Chair Lael Brainard said CBDCs could coexist with stablecoins. "The Hash" panel discusses the latest in the world of stablecoins and CBDCs as they continue to collide.

Tether Enters Latin America With Mexican Peso-Pegged Stablecoin
The country’s multibillion-dollar remittances business and difficulties in transferring money create a “unique opportunity," the company said.

Fed Vice Chair Lael Brainard Says CBDC Could Coexist With Stablecoins
A well-designed central bank digital currency could complement stablecoins and cash, Brainard will say in front of the House Committee on Financial Services on Thursday.

What Terra's Collapse Means for Stablecoin Markets
Stablecorp President and COO Alex McDougall discusses his take on how Terra's death spiral has impacted the rest of the stablecoin market, and how to protect consumers from a similar crash in the future. Plus, the likelihood of USDC "flippening" USDT and insights into the demand for a digital Canadian dollar.
