UST

4 Posts

By Kingsley Bowen / December 02, 2022

Introduction The traditional banking system has shortcomings: lack of ability to self-custody, costly remittances & settlement processes, and narrow financial inclusion. Stablecoins and central bank digital currencies (CBDCs) address these shortcomings and serve as stable, dollar-denominated digital currencies suitable for store of value and daily transactions.  A stablecoin is a cryptocurrency that’s price is tied […]

By Jack Melnick / May 10, 2022

As you may have noticed, things in the market have been volatile lately.  Yesterday’s lunacy, pun fully intended, was driven by idiosyncratic factors, but there was also secular risk from Terra’s model that bears had noted for months. Much of this was influenced by Luna’s well known mint-and-burn mechanic.  As the circulating supply of UST […]

By Jack Melnick / February 09, 2022

Over the opening month of 2022 there has been a LOT of drama in Crypto. The lead Treasurer of Wonderland.Money, 0xSifu, was revealed to be QuadrigaCX’s co-founder Michael Patryn. On top of that, the other co-founder, Dani, knew it was the case and unilaterally withheld the information from the ‘DAO’. Investors were displeased (duh) when […]

By Jack Melnick / December 22, 2021

With the holidays coming up, many of us will have a bit of extra cash on hand. At the same time, with markets de-risking and Bitcoin not looking ready to lead an immediate move higher, the ability to find yield in low risk assets is at an all time premium. Thankfully, we here at the […]

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