Stablecoins
Market Cap of Ethena's USDe Stablecoin Surged 60% In Six Weeks
USDe’s yields and adoption are surging amid the latest leg of the crypto bull market.
Spark Liquidity Layer To Unlock Multi-Chain Functionality For Sky’s USDS Stablecoin
The liquidity layer will allow users to deposit or withdraw USDS via multiple networks.
Resolv: The Programmatic, Delta-Neutral Stablecoin
As of this post, there is $13.4M in USR, earning 21.68% APR for stUSR holders while there’s $10.4M in RLP, earning 41.98% APR for RLP holders.
PayPal USD Integrates LayerZero To Unlock Cross-Chain Transfers
PYUSD holders can now transfer the token between Ethereum and Solana.
Curve Proposes Giving 10% Of crvUSD Revenue To Savings crvUSD Holders
The measure aims to scale crvUSD to stabilize borrow rates and price fluctuations.
Solayer Launches RWA-Backed Stablecoin, sUSD
The U.S Treasury Bill-backed stablecoin is the first RWA synthetic stablecoin.
Bitcoin and Ethereum Lose Market Share in MENA Region: Chainalysis
Stablecoins and altcoins are gaining traction in countries like Israel, Turkey, Saudi Arabia and the UAE.
Ethena Launches Stablecoin Backed by BlackRock’s BUIDL Fund
UStb will be fully backed by BlackRock’s tokenized Treasury fund BUIDL.
SEC Alleges TUSD Hasn't Been Backed By USD Since 2022
The SEC alleged that 99% of the assets backing TrueUSD were invested into a speculative fund by September 2024.
Stablecoin Users in Five Emerging Economies Favor Ethereum: Survey
A report from Castle Island Ventures, Brevan Howard, Visa and Artemis surveyed 2,500 people from Brazil, Nigeria, Turkey, Indonesia, and India.
