Stablecoins, the cryptocurrencies pegged to fiat currencies like the U.S. dollar to keep their value steady, can still face failures. Several well-known examples demonstrate that maintaining stability is more challenging than it appears. So, how does something designed to be ‘stable’ unravel? A Historical Review of Stablecoin De-Pegging Incidents There’s no doubt that these stablecoins […]
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Key TakeawaysGalaxy cut the CLARITY Act’s passage odds to 10% from 75%.A Senate cloture motion on the bill ripens at 2:15 p.m. Sept. 15.The SEC canceled a meeting...
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