7*24

Hot topic

Market

Activities

ATWO: Fans Vote to Change Live OutcomesZEST: Bitcoin Lending ProtocolBILL: Human-AI Collaboration NetworkStrategy's STRC slump prompts Terra comparisons that don't hold up, says analyst Strategy's STR

Strategy's STRC slump prompts Terra comparisons that don't hold up, says analyst
Strategy's STRC slump prompts Terra comparisons that don't hold up, says analyst
source-logo  coindesk.com
8 m
image
Strategy's preferred stock STRC slid to record lows over the past week, and the fall has revived a comparison to Terra's UST, the stablecoin whose collapse erased about $40 billion in 2022.

While the parallel is spreading on social media, it also misreads what STRC actually is, per Benchmark Research.

Two features invite the comparison. STRC is designed to trade around $100, and it fell to an intraday low near $82.53 last week before closing around $88.65 on Monday, roughly 11% below that level.

Critics have called that a "depeg," borrowing the term used when a stablecoin loses its $1 value. STRC also pays an 11.5% annual dividend, a yield that echoes the 20% return Terra's Anchor protocol advertised before it imploded. A high yield and a price drifting below its target are enough to trigger the memory.

The mechanics are not the same, according to Benchmark-StoneX analyst Mark Palmer. "STRC is not a stablecoin," he wrote in a Monday note.

A stablecoin promises to hold a fixed $1 value, but STRC never made that promise. It is a preferred stock, a class of equity that pays a set dividend, engineered to trade near $100 but with no peg to defend, so it cannot "depeg" the way UST did.

“Strategy’s objective has been to support STRC’s trading at a level near $100, not to guarantee it,” Palmer said. “In our view, what has happened with STRC is best described not as a depeg — something that was never pegged cannot be depegged — but as a market-driven reset of required yield.”

UST was algorithmic, holding its dollar value through a mint-and-burn loop with a sister token, LUNA, and no hard reserves 

Strategy's STRC slump prompts Terra comparisons th

World Cup Predictions: 100,000 USDT DailyHTX Invites You to Share 600K USDT in Gift PacksBTC Prophet: 20-Day 380 Million HTX ChallengeRipple Takes a Significant Step Towards Expanding Its Operations i

World Cup Predictions: 100,000 USDT Daily

HTX Invites You to Share 600K USDT in Gift Packs

BTC Prophet: 20-Day 380 Million HTX Challenge

Ripple Takes a Significant Step Towards Expanding Its Operations in the European Union Market! Here Are the DetailsRipple, a developer of blockchain-based payment solutions, has taken a significant step towards expanding its operations in the European Union market.

The company announced that it has received preliminary approval from the Commission de Surveillance du Secteur Financier (CSSF), Luxembourg’s financial regulatory body, for a Crypto Asset Service Provider (CASP) license, which is required under the European Union’s Crypto Asset Market Regulation (MiCA).

According to a statement by Ripple, the company will obtain a full CASP license after fulfilling the remaining requirements in the licensing process. This will allow Ripple to offer crypto asset services to financial institutions and businesses in 30 countries within the European Economic Area (EEA).

The company already holds an Electronic Money Institution (EMI) license in the European Union. Ripple management stated that the eventual approval of the CASP license would significantly expand their current regulatory authority and allow them to offer more comprehensive services to their customers in Europe.

With the acquisition of the full license, Ripple will be able to offer cryptocurrency and stablecoin-based payment infrastructures under one roof for banks, financial technology companies, and corporate clients. This is expected to particularly increase the company’s competitiveness in the field of cross-border payments.

The MiCA regulation aims to create a common legal framework for the crypto asset sector across the European Union. The new rules will allow companies to operate across Europe with a single license, while also aiming to increase investor protection and market transparency.

Ripple’s preliminary approval is seen as a key part of the company’s growt

Ripple Takes a Significant Step Towards Expanding

World Cup Predictions: 100,000 USDT DailyHTX Invites You to Share 600K USDT in Gift PacksBTC Prophet: 20-Day 380 Million HTX ChallengeJupiterExchange Launches Post Intents as Offchain Trading Options 

JupiterExchange Launches Post Intents as Offchain Trading Options ExpandJupiterExchange has announced the launch of Post Intents on its jup_offerbook platform. This innovative feature allows borrowers and lenders to signal orders offchain without incurring gas fees or locking funds. By keeping capital active until a match is ready to execute onchain, this development aims to enhance trading efficiency.

Breaking It Down
The introduction of Post Intents marks a significant step in the evolution of trading on JupiterExchange. As of now, the platform has reported a 24-hour trading volume of $0, reflecting early-stage adoption of this new feature. The broader crypto market remains mixed, but this innovation could attract interest among users looking for more efficient trading mechanisms. Additionally, the trend score for this announcement stands at 60, indicating a favorable reception within the community, as shown by the 41 likes and 3 retweets on the relevant tweet by SolanaFloor.

What the Data Shows
Despite the current trading volume being at $0, the launch of Post Intents positions JupiterExchange as a forward-thinking player in the decentralized finance space. Users can now engage without the burden of gas fees, which has often deterred participation in onchain transactions. This could lead to increased user engagement and trading activity as the feature gains traction.

JupiterExchange is focused on providing efficient trading solutions on the Solana blockchain. The introduction of Post Intents aligns with its mission to enhance user experience in the decentralized finance ecosystem. Historically, JupiterExchange has been recognized for its commitment to innovation, making this latest feature a natural progression in its offerings.

Where Do We Go From Here
Traders are likely to keep an eye on the adoption rate of Post Intent

JupiterExchange Launches Post Intents as Offchain

Advanced Micro Devices Inc (AMD) stock price is currently trading higher than Wall Street’s average price target of $491.27. AMD was trading at $551.63 at the time of writing, a rise of 2.65% and 14.2

AMD Stock Is Higher Than Wall Street’s $490 Average: Dip Soon?

World Cup Predictions: 100,000 USDT DailyHTX Invites You to Share 600K USDT in Gift PacksBTC Prophet: 20-Day 380 Million HTX ChallengeWhy MoonPay Just Acquired AI Startup EntendreAIMoonPay has officia

Why MoonPay Just Acquired AI Startup EntendreAIMoonPay has officially acquired AI accounting startup EntendreAI to strengthen its digital asset and stablecoin infrastructure. This announcement was made on June 22, 2026, via a tweet from SolanaFloor, highlighting the strategic move aimed at enhancing operational capabilities in the rapidly evolving cryptocurrency landscape. You can read more about the acquisition in the original tweet from SolanaFloor.

The Key Development
The crypto market just witnessed a significant move as MoonPay announced its acquisition of EntendreAI. This acquisition is expected to bolster MoonPay’s existing infrastructure, especially in the area of stablecoins and digital asset management. The broader cryptocurrency market is currently showing mixed signals, with varying momentum across major assets. However, this strategic acquisition could position MoonPay favorably as it seeks to expand its offerings and cater to a growing customer base in the digital finance sector.

Quick Take
MoonPay, acquisition, June 22, 2026
Price Action Breakdown
Currently, the cryptocurrency market is experiencing fluctuations, with MoonPay’s latest acquisition contributing to sector interest. While MoonPay’s current trading volume stands at $0, the acquisition of EntendreAI indicates a proactive approach by the company to enhance its technological capabilities. As the market dynamics shift, this move may set the stage for future developments in the stablecoin sector.

MoonPay has emerged as a prominent player in the cryptocurrency payment space, facilitating seamless transactions for digital assets. The acquisition of EntendreAI aligns with its mission to enhance operational efficiency and improve user experience in handling stablecoins. Historically, MoonPay has focused on integrating advanced technologies to streamline its 

Why MoonPay Just Acquired AI Startup EntendreAI

2026 World Cup Posting Challenge on HTX Square

JUST IN: Crypto lobby groups push Congress to pass staking/mining tax bill as-is, allowing tax on rewards only upon sale. If enacted, expect clearer tax treatment for on-chain rewards and potential fl

According to monitoring by Beating, Google has announced support for an incubator program aimed at AI startups founded by former employees (Xooglers) to deepen collaboration with its alumni network an

Google Lures Former Employees for AI Startups to Compete for Early Cloud Clients

HTXCommunity4thAnniversary

On June 23, according to on-chain analyst Ai Yi's monitoring, F2Pool co-founder Wang Chun's associated address increased its holdings by $4.57 million in BTC and ETH over the past 24 hours. This inclu

F2Pool Co-Founder Wang Chun Increases Holdings by $4.57 Million in BTC and ETH

LidoLido helped make liquid staking popular by giving users a way to earn staking rewards without completely locking up their assets, making it one of the best staking platforms in the market today. W

LidoLido helped make liquid staking popular by giving users a way to earn staking rewards without completely locking up their assets, making it one of the best staking platforms in the market today. When users stake ETH through the protocol, they receive stETH in return, a token that represents their staked holdings and can still be used across various DeFi applications. This approach has made Lido particularly popular among users who want to participate in staking while maintaining flexibility within the broader crypto ecosystem.

The protocol supports several assets, including ETH, SOL, MATIC, and DOT, with Ethereum remaining its most widely used staking option. Unlike traditional staking services that may require minimum deposits or lengthy lock-up periods, Lido allows users to start with any amount and retain access to liquidity through its staking tokens. While users should still be aware of risks associated with smart contracts and liquid staking mechanisms, Lido remains one of the most widely recognized platforms for those looking to combine staking rewards with DeFi participation.

Lido

World Cup Predictions: 100,000 USDT DailyHTX Invites You to Share 600K USDT in Gift PacksTradFi Trading Strategies Sharing ChallengeTurboFlow, aiming to be the 'Kalshi of APAC,' raises $6 million seed

TradFi Trading Strategies Sharing Challenge

TurboFlow, aiming to be the 'Kalshi of APAC,' raises $6 million seed led by Pantera Capital

TurboFlow, aiming to be the 'Kalshi of APAC,' rais

In June 2026, ChainGPT published the AIVM (AI Virtual Machine) whitepaper, positioning a purpose-built L1 direction. In June 2026, ChainGPT Pad launched “Buzz” plus new Buzz Campaigns like Dropee, and an AI Hub V2 Buzzdrop funded in CGPT.

SpaceX IPO Unlock Timeline

A Panoramic View of the Solana Privacy Ecosystem: The Complete Privacy Stack from Computation to AI

The 'Chip' Challenge and Breakthroughs in China's Optical Industry Chain

Ethereum Advances Glamsterdam Upgrade Ahead of Planned 2026 Launch

Cursor's New 1.5T Model Abandons Kimi Foundation, $60 Billion Stock Swap for Cursor, Musk's First Move Targets Microsoft's GitHub

3B Small Model's Programming Scores Rival Opus 4.5, Mysterious Model Sparks Heated Discussion, Turns Out to be Domestic

Breaking: Google Gemini Co-Head Poached by OpenAI

Intel CEO Liwu Chen's First Podcast Interview: Our Goal is '10x in 5-10 Years', Betting on Advanced Packaging, Glass Substrate, and Synthetic Diamond

Optical Chips: Collective Capacity Expansion

Tutti i commenti0RecentePopolare

Temi di tendenza