A stablecoin issued by the Trump family’s crypto firm fell below its $1 peg on Monday, following a series of events the project’s developers described as “manufactured chaos.” ... .
The prediction comes as IT and software services industry has been facing a double whammy of tepid demand and threat of disruption from advanced AI tools ....
USD1 fell to $0.994 on Monday before recovering to $0.9994 and returning to its $1 peg ... USD1, the dollar-pegged stablecoin issued by WorldLiberty Financial (WLFI), briefly fell below its $1 ...
employers have left behind the historically high compensation budget increases that prevailed a few years ago. [...]. This is an abstract of the document.
Stablecoins have one job ... That is exactly what happened to the WLFI stablecoin, USD1, which briefly lost its peg in what the team is calling a deliberate, malicious strike ... It didn’t work ... USD1 briefly fell below its $1.00 peg but has since recovered ... .
Two markets, one peg ... This is where the one-to-one backing lives, where arbitrage is supposed to restore the peg if secondary prices drift ... That concentration makes one exchange the de facto venue where the USD1's peg is tested.
With his move to impose new global tariffs, U.S. PresidentDonald Trump isn’t just trying to repair a trade policy dismantled by a Supreme Court rebuke. He’s also declaring the world’s largest economy is facing a profound balance-of-payments crisis ...
Troy Public Library is inviting the city’s fourth and fifth graders to the first district-wide competition called the “Battle of the Books.”. Students are separated into teams of three to six readers with their families and includes an adult coach.