Is TUSD stablecoin — dangerous? Curve Finance may remove it from the list of crvUSD collateral assets
Curve Finance, a decentralized exchange for trading stablecoins (DEX), is considering removing TrueUSD (TUSD) from the list of support tokens for its own Curve USD (crvUSD). This decision is due to concerns about the stability of TUSD. It is also planned to reduce the issue of crvUSD using the PayPal stablecoin (PYUSD) from $15 million to $5…
Fintech giant Revolut is preparing its own stablecoin
While everyone is sounding the alarm about dubious activities and lack of transparency of the issuer of the top stablecoin UDST — Tetherwhose collapse could bring down its competitors, Revolut suddenly announces its intention to launch its own label.
Will Tether become the new FTX? Crypto market on the verge of disaster
Tether, the issuer of the top stablecoin USDT, has been at the center of numerous scandals and investigations over the years due to its non-transparent operations. The main concern of regulators and investors is the lack of a full independent financial audit of the company. Although Tether writes about transparency on its website and assures…
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