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Benzinga

Business

Adrian Zmudzinski

Can USDC Follow UST's Footpath? Probably Not, And Here's Why

UST United States USDC Terra Crypto TerraUSD Circle USD Coin

On Wednesday, the cryptocurrency community saw TerraUSD (CRYPTO: UST) the native algorithmic stablecoin of the Terra (CRYPTO: LUNA) protocol lose its peg while bringing LUNA down with it.

Many are now wondering if something similar could happen with traditional stablecoins such as USD Coin (CRYPTO: USDC), but the same scenario cannot occur with such systems. Here's why.

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Immigration to UK from third-world countries, including Pakistan, will end entirely, British MP Rupert Lowe warns

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Tony Stewart: Violent Talladega Truck wreck "knocked the wind out of me"

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Top stories on inkl right now

Immigration to UK from third-world countries, including Pakistan, will end entirely, British MP Rupert Lowe warns

Immigration to UK from third-world countries, including Pakistan, will end entirely, British MP Rupert Lowe warns

British MP Rupert Lowe has announced plans to end immigration from several developing countries, including Pakistan, Bangladesh, Afghanistan, Somalia and Iran, under his Restore Britain party's proposed policies. Speaking at the party's October 3 conference, Lowe said, “Immigration into Britain from the Third World will end entirely.”

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The Senate candidate denounced opponent Ken Paxton, calling out corruption allegations and support from Musk

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‘A racist terror attack’: Emmanuel Macron condemns deadly shooting near Paris

‘A racist terror attack’: Emmanuel Macron condemns deadly shooting near Paris

"These people were targeted because of their skin colour or perceived religion, and for no other reason," Macron said after meeting officials and residents in Trappes. "There is no place for this in France." Macron also said the suspect's statements indicated that the attack had been planned in advance. Police…

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Surging turnout, with Democrats voting more: key takeaways from early voting data

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One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Tony Stewart: Violent Talladega Truck wreck "knocked the wind out of me"

Tony Stewart: Violent Talladega Truck wreck "knocked the wind out of me"

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Macron condemns ‘racist terrorist attack’ after one killed and five injured in Paris shootings

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