The FTX crisis, like the fall of Terra, affected a lot of crypto projects, against this background, HUSD and USDD stablecoins lost their binding to the dollar.

This year was an eventful year in the world of crypto. In particular, the collapsed Terra and FTX crisis affected the entire crypto market, and again attracted the attention of regulators to crypto and stablecoins. Stablecoins are valued for their technological features, while, at the same time, maintaining a stable

Major stablecoins reacted to FTX saga by temporarily losing their peg. No major losses so far.

The euro-backed stablecoin will launch on Solana in the first half of 2023, Circle reported.

NEAR Foundation will help to safely stop the operation of a stable USN coin. The project ceases its operations due to insufficient provision of stablecoin and high risks.

At the end of October, Huobi announced the exclusion of the HUSD stablecoin from its listing, after which the stablecoin quickly began to lose its peg to the dollar. The exchange's headquarters will also be relocated to the Bahamas.

Together with Holepunch and Synonym, Tether will launch a P2P сredit system, Pear Credit, in 2023.

As we wrote earlier, the creator of Terra, Do Kwon, was put on the international wanted list by Interpol thanks to the South Korean authorities. Also, by order of the Ministry of Foreign Affairs of South Korea, Kwon had to hand over his Korean passport. Recently it became known that