Formation of the UK Industry Digital Currencies Coordination Group

Formation of the UK Industry Digital Currencies Coordination Group

The Digital Pound Foundation, The Payments Association and UK Finance have established a new group, with the aim of creating a forum for discussion and collaboration around the industry’s response to digital currency developments in the UK. This will include the potential for a Central Bank Digital Currency (CBDC) and the regulatory approach to stablecoins […]

Stabilising stablecoins: What can we learn from the collapse of TerraUSD?

Stabilising stablecoins: What can we learn from the collapse of TerraUSD?

Co-authored by Jannah Patchay, Claire Conby, and Jonathan Marriott In May 2022, TerraUSD (UST) – previously the third-largest stablecoin with a market cap of USD $18+ Billion – lost its peg to the US Dollar, falling almost 95 percent within a matter of days. In this article, we look at the circumstances surrounding UST’s spectacular […]

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