UST

US: NIST Drafts Security Considerations For Stablecoins.
The US Department of Commerce’s National Institute of Standards and Technology (NIST) in its draft recommendations highlighted security considerations about the architecture and implementation of stablecoins. The non-regulatory agency based…

More pension funds keen to diversify portfolios for crypto: Grayscale CEO.
Do Kwon, the CEO and co-founder of Terra (LUNA) and UST stablecoin, has brushed off claims of draining liquidity out of LUNA and UST. Unsubstantiated reports on June 11 alleged…

Cosmos’s hunt for new decentralized stablecoin is over.
The Cosmos’s ecosystem was on the hunt for a new decentralized stablecoin after the collapse of Terra’s UST. Now, the hunt is over as cross-chain protocol Umee is filling the…

Stablecoin Demand Will Survive Terra’s Collapse, According to FTX’s Harrison.
So far, the year 2022 has been punishing for the traders of digital assets. Many things that have gone wrong this year, include – Bitcoin’s (BTC) decline in price (lowest…

TRON to increase capital backing of stablecoin USDD.
Drawing a lesson card from the collapse of Terra’s algorithmic stablecoin, TRON plans to significantly increase the amount of capital backing for its own stablecoin USDD which was launched on…

Stablecoin TerraUSD (UST) is receiving attention from regulator.
UST Is Receiving Attention From Regulator After the collapse of Luna, the collapse of UST has garnered much attention. It is plausible to compare UST’s collapse against that of Libra.…
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