This article examines a series of stablecoin collapses in recent years, explores the underlying causes and market implications, and guides investors to recognize the risks associated with stablecoins. It also increases their awareness of cryptocurrency security.
2025-08-27 02:27:19
LUNA is an altcoin of the Terra ecosystem that maintains the price peg of the algorithmic stablecoin UST. It has experienced significant growth, along with a tremendoushorrible collapse, which will be explained in detail.
2024-07-15 04:41:18
The new stablecoin project USDe has quickly emerged in the stablecoin market, increasing its total supply from zero to over $2.3 billion in just two months. Its high yield features have garnered significant attention.
2024-05-20 03:19:04
This article interprets Mint Cash’s white paper, starts with the Mint Cash mechanism, and explains its future prospects.
2024-01-07 07:54:38
Money doesn't grow on trees, but DeFi protocols have a way of making it multiply - until reality does the math. French protocol Usual Money sold users a dream: transform your boring USD0 into magical USD0++, a yield-bearing token that was "usually worth one dollar." Not always. Usually.
2025-01-23 07:43:26
USDD is a TRC token launched on the TRON blockchain as an algorithmic stablecoin. Its aim is to provide financial freedom through mathematics and algorithms, similar to TerraUSD (UST) and Frax Finance (FRAX).
The launch of USDD signifies TRON's entry into decentralized stablecoins. The TRON DAO aims to collaborate with other blockchain leaders to establish a decentralized USD exchange.
2023-02-03 10:40:56
This article examines the classic collapse of May 2022, when UST lost its peg in just 72 hours, erasing $40 billion in market value and sending LUNA from $116 to zero. It also highlights the pivotal lawsuits filed by Terraform liquidator Todd Snyder against Jump Trading (seeking $4 billion in compensation) and Jane Street during 2025–2026, providing new insights into the institutional battles behind the algorithmic stablecoin crisis.
2026-02-26 10:53:05
The giant Jump Crypto, which once dominated on-chain liquidity, is returning to the encryption stage as an "infrastructure builder." This article reviews its lows from the UST manipulation controversy, the FTX crisis, to the Wormhole hacking incident, and analyzes its recent policy lobbying and the restart of its venture capital layout, providing an in-depth report on its "redemptive transformation."
2025-06-27 09:32:53
This article explores the phenomenon of stablecoins in the cryptocurrency market, highlighting their role in reducing volatility risks. It offers a comprehensive overview of major stablecoins—including USDT, USDC, BUSD, DAI, TUSD, USDG, UST, USDe, PYUSD, and FDUSD—examining their pegging mechanisms, regulatory audits, and market performance. The article delves into stablecoins' applications in DeFi and their function as a safeguard against crypto market fluctuations. Emphasizing the pivotal role of stablecoins in the crypto economy, it advises investors to thoroughly understand their operational mechanisms before investing to ensure financial security.
2024-11-07 09:50:18
A stablecoin is a cryptocurrency with a stable price, which is often pegged to a legal tender in the real world. Take USDT, currently the most commonly used stablecoin, for example, USDT is pegged to the US dollar, with 1 USDT = 1 USD.
2022-12-16 09:13:56
A comprehensive analysis of the 2022 Luna collapse, objectively examining the structural causes and market impact behind the $40 billion loss. This includes the breakdown of Terra’s algorithmic stablecoin mechanism, the resulting liquidity crunch, controversies surrounding institutions like Jane Street, and updates on related legal proceedings.
2026-02-25 11:29:43
In the financial market, whether it is traditional stock trading or crypto trading, short selling is a clear-defined and ubiquitous behavior. Basically, short selling and going long are counterparts in market operations. Opposite to long selling, short selling generally refers to the process of borrowing first and then selling, and then buying to repay later.
In short selling, there are usually market makers serving as an intermediate lending platform, similar to credit transactions. Using this trading mode, investors can often profit when prices continue to fall.
Let’s take stocks as an example. Investors borrow stocks from a brokerage firm when the stock price is high, and then sell them. When the stock price keeps falling, investors can buy stocks in the market and repay the brokerage, during which investors will earn the spread.
2022-12-28 10:24:33
Mirror Protocol is a DeFi platform built primarily on the Terra blockchain, which allows users to create and trade mirrored assets (mAssets) without restrictions by trading synthetics that provide price exposure of real-world assets in real-time.
2023-11-03 02:29:06
This article provides a detailed analysis of the safety and regulation of stablecoins based on on-chain data.
2024-01-24 16:14:40
Algorithmic stablecoins use complex mechanisms to make them keep the peg with the dollar, without the need for centralized tools.
2023-01-20 14:32:32