The U.S. Securities and Exchange Commission (SEC) is looking into whether Terraform Labs – the Singapore-registered firm that created the terraUSD (UST) stablecoin and luna (LUNA) token – violated U.S. laws regarding how it marketed the crypto coins, Bloomberg reported Thursday, citing a person familiar with the matter.
The Dollar Won, but Might the U.S. Lose Control of the Dollar?
Synthetic dollars, in effect, can cost more than “real” dollars because you need to over-capitalize your collateral in order to...