#us dollar
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USDT has Stood the Test of Time for a Solid 9 Years Now
On October 6, 2014, the first-ever USDT transaction took place, marking the beginning of this stablecoin's journey. Since then, USDT has weathered its fair share of FUD (Fear, Uncertainty, Doubt). However, it's worth noting that USDT has also had several instances where it temporarily lost its peg to the US dollar. 
The UST and LUNA Crash: One Year Later and Its Lasting Impact
One year ago, the crypto world witnessed the dramatic collapse of the UST stablecoin and LUNA token, which has left an indelible mark on the market. The creator of the Do Kwon project, who had confidently promised to restore the UST peg to the US dollar, is now synonymous with the debacle that shook investor confidence and contributed to the intensification of the bearish market. 
Trump’s Strategy to Weaken the Dollar and Its Crypto Impact
Donald Trump’s post-return agenda to the White House includes measures such as significant import tariff hikes, escalating trade conflicts with China, and aggressive deficit reduction. His determination to weaken the US dollar stands out as particularly significant. 
Liquity USD (LUSD): A DeFi Stablecoin Review
Liquity USD, or LUSD, is a stablecoin that maintains a 1:1 peg with the US dollar. It's used by the Liquity lending protocol as the primary asset for issuing loans backed by Ethereum (ETH). When LUSD is repaid, the loan is resolved, and the ETH collateral is returned to the owner at its nominal value. Japan’s Largest Bank Plans to Issue Global Stablecoins
Mitsubishi UFJ Financial Group Inc. is engaged in discussions with global stablecoin issuers to launch its own tokens on its blockchain platform. With Japan’s stablecoin law in place, MUFG plans to utilize its Progmat blockchain platform to create stablecoins linked to foreign currencies such as the US Dollar. 
Bitcoin Takes a Dive: What Caused the Drop Below $20,000?
In March, the cryptocurrency market had a rough time, with the price of Bitcoin dropping below $20,000 once again. Contrary to some speculation, this drop was not due to market manipulation by so-called "market-makers" nor was it caused by the USDC depeg from the US dollar, as that happened later. So what actually caused this price drop? An overview of EUR & CHF stablecoins
All traders are familiar with stablecoins pegged to the US dollar, which dominate the cryptocurrency market. However, some traders may prefer to trade stablecoins that are pegged to other currencies, such as the euro or Swiss franc. Let's go over the types of these assets and the exchanges where they can be found. Hedge funds vs. Tether: traders are actively shorting USDT after the collapse of UST
The Terra USD crash did not go unnoticed for other stablecoins pegged to the US dollar. Thus, hedge funds oriented to the cryptocurrency market are seeking to intensify the sale of Tether. The total amount of available offers is hundreds of millions of dollars. 1 - 19 of 19 results