stablecoin depeg – DIGIT INFO

Usual Protocol to activate ‘revenue switch’ after USD0++ depegs

DIGIT — Sat, 11 Jan 2025 09:12:16 +0000

Usual Protocol has introduced a revenue-sharing model to stabilize its ecosystem following USD0++ depegging from $1.

Wyoming Aims to Launch ‘Dollar-Dependent’ Stablecoin in Q1 2025

DIGIT — Mon, 26 Aug 2024 08:30:46 +0000

Wyoming plans to launch a dollar-based stablecoin, the Wyoming Stable Token, in Q1 2025. The digital asset aims to provide faster and cheaper transactions for individuals and businesses in the state. Governor Mark Gordon emphasizes the importance of adopting this “dollar-dependent” stablecoin to stabilize the market and bring debt onshore. A Faster and Cheaper Way […]

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While Its Lost 94% in Value Since the Collapse, Terra’s Fractured Ecosystem Is Still Worth $2.5 Billion

DIGIT — Sun, 16 Oct 2022 21:30:22 +0000

It’s been five months since the Terra ecosystem collapsed as tens of billions of dollars in value disappeared from the crypto economy in a matter of days after May 7. Terra’s new Phoenix blockchain managed to restart the ecosystem to some degree and since the end of June, Terra’s total value locked (TVL) in decentralized […]

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