The cryptocurrency market has hit a new milestone as the total value of stablecoins reaches an all-time high of $301.5 billion, according to recent reports from PANews and […]
Ethena Maintains Stability Amidst Market Volatility by Anchoring USDe to USDT
Despite ongoing market volatility impacting assets like Ethereum, Ethena has maintained its stability by anchoring USDe to the stablecoin USDT. Key services such as minting and redeeming continued […]
Ethena’s USDe Depegging Sparks Crypto Market Chaos
A recent crisis involving Ethena’s USDe stablecoin exposed vulnerabilities within synthetic asset models and triggered widespread financial turmoil in the crypto market. The token, pegged to the US […]
Global Banks Team Up to Launch Blockchain-Based Stablecoins for Cross-Border Payments
A consortium of major global banks is preparing to launch blockchain-based stablecoins pegged to key world currencies like the US dollar, euro, yen, and pound. This move marks […]
Binance to Offer Compensation Following USDe Depeg Crash
Binance has committed to compensating users affected by the recent USDe depeg event, demonstrating a commitment to user security in times of market volatility. The compensation program will […]
Stablecoin Issuance Soars Amidst Market Downturn
Amid a volatile cryptocurrency market, Tether and Circle have seen a surge in stablecoin issuance, releasing $1.75 billion according to blockchain analysis platform Lookonchain on October 11th. This […]
TRON Soars, PLASMA Loses Billions as Stablecoin Flows Shift
Recent data reveals a significant shift in stablecoin activity between TRON and PLASMA networks. While TRON sees over $1.1 billion in inflows, PLASMA experiences outflows totaling nearly $996 […]
TRON Network Records Major Stablecoin Infusion
Recent data from Cointelegraph reveals a substantial influx of stablecoins into the TRON blockchain over the past 24 hours, totaling $1.1 billion. Conversely, the PLASMA network witnessed a […]
Global Banks Collaborate on G7-Pegged Stablecoin Project to Modernize Payments
Ten leading banks have joined forces to develop a G7-pegged stablecoin, aiming to modernize global digital payments and leverage blockchain technology. This move is driven by new regulatory […]
Crypto Market Crisis: USDE Pegs Lose Ground Amidst Volatility
A significant cryptocurrency crash in 2025, triggered by escalating U.S.-China trade tensions and cascading leverage unwinds, saw over $19 billion in liquidations within a single day. The impact […]
Global Banks Join Forces to Create Stablecoin Pegged to G7 Currencies
Major financial institutions are taking a significant step towards re-imagining traditional finance by joining forces to explore the development of a new stablecoin backed by fiat currencies. Ten […]
Global Banks Join Forces on G7 Stablecoin Initiative
Major global banks, including Bank of America and Goldman Sachs, have formed a coalition to explore the potential of G7 stablecoins. This initiative, involving established financial institutions with […]
USDE Token Suffers Post-Crash Loss of Pegging, Ethena Addresses Impact
Following significant market volatility in the cryptocurrency world, the USDE token within the Ethena ecosystem experienced a loss of its $1 peg. The DEPEG incident occurred shortly after […]
Wall Street Banks Partner to Create Stablecoin for Faster Global Payments
Major banks from around the globe, including Goldman Sachs, Citibank, Bank of America, and Santander, are joining forces with other institutions like Barclays, BNP Paribas, Deutsche Bank, MUFG, […]
Banks Develop Stablecoin Project: Aiming for Regulatory Compliance in Crypto
Facing the rising popularity of private stablecoins, global banks are stepping up their efforts. Led by partnerships like the USDF consortium and Provenance blockchain, these financial giants aim […]