Stablecoins
Stablecoin Protocol Resolv’s TVL Soars Above $400 Million
The Resolv stablecoin USR has jumped to a market cap of $387 million from $13.7 million on Dec. 1.
Tether's Market Cap Sheds $3 Billion as Europe’s MiCA Regulations Take Effect
This is USDT’s sharpest decline since the FTX crash, falling from $140 billion to $137 billion amid growing regulatory pressure in the EU.
Frax Community Votes on Using BlackRock’s BUIDL as Stablecoin Collateral
If the proposal is approved, the frxUSD stablecoin will receive backing from Blackrock, Securitize, and Bank of New York Mellon.
Ethena Launches New Stablecoin Backed by BlackRock’s Treasury Fund
USDtb aims to mitigate risks during market downturns and provide an alternative to Ethena’s flagship USDe synthetic dollar.
Ripple’s RLUSD Stablecoin to Commence Trading Today
The US dollar-pegged token will be available on Ethereum and the XRP Ledger.
Ripple’s RLUSD Stablecoin Gets Approved by NY Regulators
The US dollar-pegged token will be available on both the Ethereum and Ripple blockchains.
Circle Inks Partnership With Binance and Expands MENA Operations
Binance will leverage USDC for its corporate treasury operations as part of the deal.
Ethena's USDe Flips DAI to Become Third-largest Stablecoin
A $250 million increase of the sUSDe supply cap on Aave was filled almost instantly on Dec. 8.
Aave and Compound Users Are Paying More Than 20% For Stablecoin Loans
The sky-high stablecoin utilization rates indicate traders are accessing leverage to speculate on digital assets.
