Stablecoins
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.
Schuman Financial Rolls Out EURØP MiCa-Compliant Stablecoin
The new stablecoin’s reserves are stored in government-supervised European banks, such as Société Générale.
BTC-Backed USDa Soars To $230M Market Cap In Two Weeks
USDa’s growth has contributed to BitLayer’s TVL doubling over the past month.
