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A fresh $4 billion lawsuit tied to Terraform Labs’ collapse is becoming a test of what a stablecoin’s $1 promise means amid the adoption of dollar tokens as payment rails. The case is about more than who pays for a 2022-era failure.
A fresh $4 billion lawsuit tied to Terraform Labs’ collapse is becoming a test of what a stablecoin’s $1 promise means amid the adoption of dollar tokens as payment rails. The case is about more than who pays for a 2022-era failure.
When Circle's shares opened at $69 on the New York Stock Exchange in June, more than double the $31 pricing, it looked like validation. Investors paid up for a regulated stablecoin issuer with real revenues, treating USDC rails as financial infrastructure rather than speculative crypto exposure.
Hyperliquid price falls below $26 and enters oversold territory, but bearish structure remains intact, increasing the risk of a deeper correction toward lower support levels.
As long as HBAR remains below the $0.11 high-time-frame support, downside risk remains elevated. Continued weakness increases the probability of a move toward the $0.07 yearly low.
Ethereum price breaks below the $3,000 psychological level and the point of control, increasing the risk of capitulation as bearish structure and downside liquidity targets remain intact.