#stablecoin
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Stably Unveils BRC-20 Stablecoin
Crypto startup Stably has unveiled Stably USD, a dollar-backed stablecoin aimed at transforming trading within Bitcoin’s thriving on-chain economy. The company asserts that its stablecoin offers a more cost-effective and efficient trading experience compared to fiat or Bitcoin itself. 
Tether's New Strategy: Buying Bitcoin with Profits
Tether, a leading stablecoin issuer, has unveiled a new investment approach emphasizing Bitcoin (BTC). The company will allocate up to 15% of its net realized operating profits to purchase Bitcoin, thereby diversifying and strengthening its reserves. As of March 2023, Tether already had approximately $1.5 billion in BTC reserves. 
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. Curve Finance Launches Stablecoin crvUSD on Ethereum Mainnet
Curve Finance, a prominent decentralized exchange, has initiated the deployment of smart contracts for its stablecoin, crvUSD, on the Ethereum mainnet. The launch is not yet fully completed, as the user interface needed for users to interact with the crvUSD smart contracts is still being developed. 
Tether to Drive Blockchain Education in Georgia
Tether, the leading stablecoin issuer, has announced a groundbreaking partnership with Business & Technology University (BTU) in Georgia to advance blockchain and cryptocurrency education in the region. The collaboration aims to empower students with the knowledge and skills needed to excel in the emerging digital economy. Money in Harmony: Are Stablecoins the Solution or the Problem?
The Bank for International Settlements (BIS) has delved into an analysis to determine if stablecoins and tokenized deposits can sustain the concept of monetary unity, which is vital to maintaining the stability of the exchange rate between private and central bank currencies. Commercial English Banks Could Be Denied Access to CBDCs
Andrew Bailey, the Governor of the Bank of England, recently spoke in Washington about the challenges facing the financial system, as well as potential solutions and the overall state of the economy. During his speech, he also discussed topics such as cryptocurrencies, stablecoins, and CBDCs. What is TerraClassicUSD (USTC)? An overview of the project
TerraClassicUSD (USTC) is an algorithmic stablecoin of the Terra blockchain. The idea behind USTC was to tackle the scalability issues that plagued other stablecoins. However, USTC ultimately proved to be the downfall of the Terra ecosystem in May 2022. AUDN: The Stablecoin Disrupting Cross-Border Transactions
The National Australia Bank (NAB) has launched cross-border payments utilizing its AUDN stablecoin, tailored for instant cross-border transfers. NAB will leverage the Ethereum blockchain to transfer AUDN to its subsidiaries in other countries. Montenegro Explores Digital Currency with Ripple Collaboration
Montenegro's Central Bank has forged a partnership with Ripple to examine the potential for a Montenegrin digital currency, which may take the form of a central bank digital currency (CBDC) or stablecoin. Although not a member of the Eurozone, Montenegro adopted the euro as its official currency in 2002. 
