Binance burns $230K worth of Terra Classic tokens

Binance removed 2.65B Terra Classic tokens from circulation by sending them to a burn wallet.

USDT loses peg following massive sell-off on Curve 3Pool

Tether lost its 1:1 peg to the US Dollar as traders swapped millions of USDT tokens for other stablecoins on Curve 3Pool.

Binance CEO says crypto industry may switch to non-USD stablecoins

Changpeng Zhao claimed that the pressure from regulators may shrink the USD stablecoin market and cause the crypto industry to switch to non-USD stablecoins.