stablecoincrash

🚨 #HEADLINE : 🗣 Coinbase CEO Brian Armstrong says that eventually, all the critics will be using crypto without even realizing it.

He's recently been a strong critic towards banks,
especially since concerns over the treatment of stablecoin reward included in the recent "Crypto Bill".
Eric Trump has also mentioned in interviews that 'banks are doing everything they can to block crypto legislation'.

🇺🇸Earlier this month Coinbase withdrew support for the U.S Senate Crypto market-structure bill due to last-minute changes in the bill that were deemed "flawed."
This bill is meant to boost crypto legislation in the U.S.

#coinbase #CryptoRegulation #StablecoinCrash

China bans stablecoins and crashes Asian market
The Chinese government announced a total ban on stablecoins, citing risks to the sovereignty of the digital yuan, causing a 15% drop in the Asian crypto market within hours.

#ChinaBan #StablecoinCrash $BNB

USDe Stablecoin Dips to $0.65 but Remains Overcollateralized

🗓️On Oct 11, 2025, USDe/USDT on Binance dropped to a low of $0.65 🩸 Ethena Labs attributed the move to market volatility and liquidations. Minting and redemption remain fully operational, and the stablecoin is overcollateralized 💹 Liquidations have converted short positions’ uPNL into protocol revenue, boosting USDe’s collateralization.

$USDE #StablecoinCrash #CryptoNews