Bitcoin
$64,383.02+2.31%
Ethereum
$3,080.54+1.36%
Binance Coin
$559.49+1.71%
Solana
$145.57+5.94%
XRP
$0.50410705+1.16%
Dogecoin
$0.15281522+2.62%
Toncoin
$6.17-1.64%
Cardano
$0.47025524+4.75%
Shiba Inu
$0.00002279+1.16%
Avalanche
$35.13+2.13%
Wrapped Bitcoin
$64,532.99+2.34%
Tron
$0.11022942+1.28%
PlayIconNav
Crypto Prices CoinDesk 20 Index CoinDesk 20 Index

Stablecoin

BTC Down Over 10% in 24 Hours, TerraUSD Drops to 92 Cents
Video
Bitcoin
BTC Down Over 10% in 24 Hours, TerraUSD Drops to 92 Cents
TheoTrade Co-founder Don Kaufman shares his bitcoin price analysis as the “digital gold” dropped over 10% during the last 24 hours. How is BTC correlated with the Nasdaq and S...
BTC Down Over 10% in 24 Hours, TerraUSD Drops to 92 Cents
By CoinDesk Staff
May 9, 2022 at 8:07 p.m. UTC
May 9, 2022
BitcoinGoldcdtvbtcaab clipNasdaqStablecoinTerraS&P 500UST
UST has fallen below its dollar peg again. (Getty Images)
Finance
Terra
UST Stablecoin Loses Dollar Peg for Second Time in 48 Hours, LUNA Market Cap Falls Below UST's
The development comes after the Luna Foundation Guard announced that its massive bitcoin reserves will be used to defend UST’s dollar peg.
UST has fallen below its dollar peg again. (Getty Images)
By Sam Kessler
May 9, 2022 at 4:51 p.m. UTC
May 9, 2022
TerraStablecoinDecentralized Finance
'It's a Confidence Game': Swan Bitcoin CEO on Stablecoin UST Briefly Losing its Peg
Video
Bitcoin
‘It’s a Confidence Game’: Swan Bitcoin CEO on Stablecoin UST Briefly Losing its Peg
Luna Foundation Guard (LFG) will lend $1.5 billion in BTC and UST to defend the peg of its algorithmic stablecoin to the U.S. dollar. This comes after UST briefly lost its peg...
'It's a Confidence Game': Swan Bitcoin CEO on Stablecoin UST Briefly Losing its Peg
By CoinDesk Staff
May 9, 2022 at 4:17 p.m. UTC
May 9, 2022
BitcoincdtvbtcFM ClipStablecoinUSTSwan BitcoinLuna Foundation GuardlfgCory Klippsten
(Emilio Takas/Unsplash)
Finance
Terra
UST Stablecoin Briefly Loses Peg, Luna Drops 10%
The Saturday event led to questions about whether Terra’s bitcoin reserves will soon face their first test
(Emilio Takas/Unsplash)
By Sam Kessler
May 8, 2022 at 6:01 p.m. UTC
May 8, 2022
TerraStablecoinDecentralized Finance
The Bank for International Settlements on January 4, 2012, in Basel, Switzerland. (Harold Cunningham/Getty Images)
Policy
Bis
9 Out of 10 Central Banks Exploring Digital Currency, BIS Says
A survey conducted in 2021 by the Bank for International Settlements found more than half of central banks are developing CBDCs or running concrete experiments.
The Bank for International Settlements on January 4, 2012, in Basel, Switzerland. (Harold Cunningham/Getty Images)
By Sandali Handagama
May 6, 2022 at 10:59 a.m. UTC
May 6, 2022
BISCBDCStablecoin
Is Justin Sun's USDD Stablecoin a Copycat?
Video
Ethereum
Is Justin Sun’s USDD Stablecoin a Copycat?
Crypto analysts took a stab at Tron Founder Justin Sun’s new algorithmic stablecoin decentralized USD (USDD), calling it a clone of Terra’s UST coin. “The Hash” group discusse...
Is Justin Sun's USDD Stablecoin a Copycat?
By CoinDesk Staff
May 5, 2022 at 6:50 p.m. UTC
May 5, 2022
EthereumcdtvHash clipJustin SunTronStablecoinTerraUSTusdd
Luna Foundation Guard acquires $1.5 billion in bitcoin. (Javardh/Unsplash)
Finance
Terra
Luna Foundation Guard Acquires $1.5B in Bitcoin to Reinforce Stablecoin Reserves
The purchase brings LFG's holdings to more than 80,000 bitcoins, or nearly $3 billion.
Luna Foundation Guard acquires $1.5 billion in bitcoin. (Javardh/Unsplash)
By Oliver Knight
May 5, 2022 at 4:40 p.m. UTC
May 5, 2022
TerraStablecoinBitcoin
Terra to Provide UST Liquidity on Polygon-Based SynFutures
Video
Bitcoin
Terra to Provide UST Liquidity on Polygon-Based SynFutures
Terra will provide liquidity for TerraUSD (UST) trade pairs on Polygon-based decentralized finance (DeFi) exchange SynFutures as the stablecoin continues to grow in popularity...
Terra to Provide UST Liquidity on Polygon-Based SynFutures
By CoinDesk Staff
May 4, 2022 at 6:49 p.m. UTC
May 4, 2022
BitcoinDeFicdtvbtcHash clipAvalanchePolygonSynFuturesStablecoinTerra
Deltec Bank CEO on Crypto Boom in the Bahamas
Video
Regulation
Deltec Bank CEO on Crypto Boom in the Bahamas
Deltec Bank & Trusting Limited CEO Odetta Morton discusses the tremendous growth of the crypto industry in the Bahamas, explaining the advantages of the country’s regulatory f...
Deltec Bank CEO on Crypto Boom in the Bahamas
By CoinDesk Staff
Apr 27, 2022 at 8:57 p.m. UTC
Apr 27, 2022
Regulationcdtvaab clipTetherUSDTStablecoinDeltec Bank & Trusting Limitedodetta mortonBahamasDeltec
CoinDesk placeholder image
Finance
Pantera
Founders Fund, Pantera Invest in DeFi Investment Bank Ondo Finance
Ondo, founded by former Goldman Sachs traders, will use the $20 million round to expand its structured products offerings.
CoinDesk placeholder image
By Brandy Betz
Apr 27, 2022 at 3:00 p.m. UTC
Apr 27, 2022
PanteraPeter ThielDeFiCoinbase VenturesStablecoinFunding