Do algorithmic stablecoins have a future as centralized coins are under scrutiny?
Fiat stablecoins are too deeply rooted in exchanges for algorithmic stablecoins to rise, according to some experts.
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Frax’s shift to a fully backed stablecoin signals the end of DeFi’s algorithmic experiment
The sun sets on algorithmic stablecoins as Frax shifts to a fully-backed model.
Frax Finance to retire algorithmic backing amid stablecoin crackdown
The vote was passed to fully collateralize Frax Finance's native stablecoin, thus phasing out its algorithmic backing.
ADA-backed algorithmic stablecoin Djed launched on Cardano
The algo-stablecoin Djed from DeFi service provider COTI deployed on the Cardano mainnet after its successful security audit.
Algorithmic stablecoin market share dropped by 10x from ATH: Report
The stablecoin market, in general, is going through hard times, though the algorithmic coins suffered the most.
Algorithmic stabilization is the key to effective crypto-finance
Crypto needs to move on from the LUNA crash and start trusting algorithmic stablecoins again.
Japan recommends against algorithmic backing in stablecoins
The potential legal status of the Japanese Financial Service Agency’s recommendation is not clear as the current legislation is silent on algorithmic stablecoins.
New Cardano algorithmic stablecoin evokes old fears for the community
“I thought we already figured this out, algorithmic stablecoins, not the best option,” a community member wrote on Twitter.
What can other algorithmic stablecoins learn from Terra’s crash?
The main problem that led to the fall of Terra was that the reserves appeared to be overcollateralized, but in reality, they weren’t.
Algorithmic, fiat-backed or crypto-backed: What’s the best stablecoin type?
DAI has been around since 2017, which no algo stablecoins has ever matched, and it’s unlikely to share the fate of UST.