Stablecoins
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.
USDC Market Capitalization Surges to 15-Month High
At $34 billion, USDC’s market capitalization is at its highest level since March 2023, but the stablecoin lags well behind USDT, which boasts $117 billion.
PayPal’s PYUSD Becomes Sixth Largest Stablecoin After Solana Surge
PYUSD’s market cap is up 97% in the last 30 days.
