Do Kwon Outed as Co-Founder of Previous Failed Stablecoin Project
According to new reporting fromCoinDesk,Terraform Labs CEO Do Kwon was previously involved in stablecoin project Basis Cash under the pseudonym “Rick Sanchez.” If true, it would mean that UST is...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This research story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Crypto BriefingRelated market context
SoFi launches stablecoin card settlement on Mastercard, projecting over $25 billion a year
SoFi's stablecoin initiative could revolutionize banking by enhancing transaction efficiency, though adoption and consumer awarene...
XRPL’s $1.34 billion stablecoin base doesn’t tell us how much XRP users need
Tracked stablecoins on the XRP Ledger totaled $1.338 billion on Oct. 7. For XRP holders, the critical question is how much activit...
Bitcoin’s failed breakout reveals a dangerous mix of thin volume and easy profits
Bitcoin has fallen nearly 5% this week as weak trading volume and profit-taking blunt attempts to reclaim $85,000. The largest cry...
Money20/20 USA 2026: How Bitcoin, Stablecoins and AI Are Reshaping the Future of Finance
Bitcoin Magazine Money20/20 USA 2026: How Bitcoin, Stablecoins and AI Are Reshaping the Future of Finance Fintech has moved beyond...
France committee approves stablecoin tax, crypto exit tax for 2027 budget
France's crypto tax measures could reshape market dynamics, influencing investor sentiment and potentially affecting Bitcoin's pri...
Kyrgyzstan Shuts Stablecoin USDKG, Burns 50M Tokens After UK Sanctions
Kyrgyzstan is winding down USDKG, its state-backed gold stablecoin, and liquidating both its issuer and the country’s first state-...