Stablecoins
Synthetix’s sUSD Slides Further Away from Peg After Protocol Update
Bouncing back to $0.83, sUSD is far from out of the woods as it hit as low as $0.66 in a depegging caused by a stabilization mechanism in transition.
Stablecoin Transactions Surpassed Visa’s in Q1: Bitwise
The asset manager’s Q1 review noted that despite political and regulatory wins coming in quick succession, crypto prices dropped across the board since the November election.
OpenEden Stablecoin Crosses $100 Million Valuation
USDO’s market capitalization is up more than 200% since its launch in March.
Ethena Partners with Re to Connect Crypto with Trillion Dollar Reinsurance Market
Holders of Ethena's USDe and sUSDe stablecoins will be able to lock tokens as reserve assets in order to earn up to 23% APY.
Stablecoins Are a Matter of US National Security
USD-pegged stablecoins offer the United States a powerful tool for reinforcing economic dominance and national security.
GENIUS vs. STABLE: How the US Stablecoin Bills Before Congress Stack Up
The Senate’s GENIUS Act and the House’s STABLE Act align on most topics, but key differences remain.
Synthetix’s Stablecoin sUSD Depegs to Below $0.92 Twice This Week
Yesterday’s incident marks the second time sUSD has slipped below its dollar peg this week alone.
RLUSD Market Capitalization Surges 21% After Ripple Payments Integration
The market cap of Ripple’s stablecoin has hit $294 million just three months after launching.
FDUSD Depegs After Justin Sun Alleges Insolvency
The Tron founder claims First Digital Trust is “effectively insolvent,” while the company accuses him of orchestrating a “smear campaign.”
Bitwise CIO Projects Multi-Trillion Dollar Stablecoin AUM
The stablecoin market capitalization is up 33% since the election, and stablecoin issuers are DeFi’s top revenue generators.
