NEAR Protocol to Wind Down Its Terra-Like Stablecoin
NEAR Protocol’s stablecoin is being shut down after it began to exhibit risky characteristics similar to those observed with TerraUSD, a…
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Terralike
Latest Draft of US Crypto Law Would Temporarily Ban Terra-Like Stablecoins
Leaders of the House Financial Services Committee continue to negotiate the terms of a proposed bill to regulate cryptocurrency, even as the window…
Justin Sun’s Terra-like Stablecoin Now Boasts Backing in Bitcoin, Tether, Tron
Created as an algorithmic stablecoin, Justin Sun’s Terra-like stablecoin USDD is now shifting gears towards a hybrid model with improved…