Algorithmic Stablecoins – a New Crypto Trend

    The ubiquitous USDT and USDC stablecoins seem to be facing more and more aggressive young challengers. So let’s take a look at the so-called algorithmic stablecoins, as well as stablecoins backed exclusively by cryptocurrencies, to try and understand the situation in the market. The introduction of the Tron network’s USDD on May 5 was an…

    Terra [LUNA]: a stablecoin issuing ecosystem

    We continue to study platforms used for creating different blockchain projects: stablecoins, DeFi, synthetic assets. Today on the agenda is Terra [LUNA]. On July 16, the Terra [LUNA] crypto project team announced that it had received $ 150 million in investments to develop its ecosystem. The investments came from a pool of 23 large funds…