Stablecoin Project Ethena Labs Bags $4M for USDe Treasury
The stablecoin earns yield by shorting ether futures and capturing funding rates - which have surged in the past two weeks.
Crypto Wallet SafePal Ventures into Banking with New USDC Visa Card
Users can create individually owned, fully compliant bank accounts and use USDC stablecoin as the default deposit currency.
USDC Stablecoin’s Issuer Circle Dumps Tron Network; TRX Steady
Circle cited its “risk management” framework as part of the decision, among other factors.
Diversifying Stability: Stablecoins Finding Home Beyond the Greenback
Following the success of Tether and USDC, a generation of stablecoins are offering new features for investors and holders, says Scott Sunshine, Managing Partner of Blue Dot Advisors.
Bitcoin’s ‘De-Dollarization’ Narrative Loses Ground As USD Tightens Its Grip on International Transactions
The crypto market's de-dollarization expectations look premature as the greenback remained the preferred currency in international transactions in 2023, veri show.
Tether Scores Second-Lowest Rank in S&P Global Stablecoin Stability Assessment
USDT was assigned a low score of four, meaning the largest stablecoin is constrained in its ability to maintain its peg to fiat.
Real Estate-Backed Stablecoin USDR De-Pegs After Treasury Was Drained of Liquid Assets
On-chain veri suggests that USDR's treasury was drained of liquid assets, leading to a run on the stablecoin.