🚀Here are the top stories that happened in crypto this week. In this week’s crypto news round-up: * Tottenham Hotspur Joins Premier League Teams in Launching $SPURS Fan Token on Chiliz Blockchain * Brazil's Central Bank Strengthens Crypto Regulations Amid Rising Adoption * Xbox Possible Crypto Integration: Leaked Microsoft Roadmap Reveals Wallet
From the Luna Stablecoin collapse to Celsius's bankruptcy, traders, investors and speculators have tried to make the best of the fire sweeping through the crypto ecosystem. Unfortunately, another crypto company, FTX, has gone up in flames.
*In this article, we delve into what Stablecoins are, the different types of Stablecoins, the reason for the UST crash and the possible future of Stablecoins* A Stablecoin is a cryptocurrency that has its value pegged to an asset class like fiat currency or gold to keep its price stable.