USDe, a yield-bearing synthetic stablecoin from Ethena Labs, briefly lost its dollar peg during extreme market volatility in October. This occurred due to a liquidity collapse on Binance […]
Stablecoin Market Sees Historic Surge to $301.5 Billion
A record-breaking $301.5 billion in stablecoins has been reached, signaling a surge in trust and demand within the cryptocurrency market. This milestone could point towards increased capital ready […]
Ethena’s USDe Stablecoin Navigates Binance Price Fluctuations
A recent price swing on the Binance exchange affected Ethena’s synthetic stablecoin, USDe, but has since stabilized. The instability was attributed to a glitch with the platform’s oracle […]
USDe Stablecoin Market Value Drops Amidst Recent Volatility
The market capitalization of USDe, a stablecoin issued by Ethena Labs, has experienced significant decline over recent days. According to DefiLlama data, the stablecoin’s market value decreased from […]
Visa Tests Stablecoins to Power Faster Cross-Border Payments
Visa Direct is launching a pilot program that utilizes stablecoin prefunding to speed up cross-border business payments. The initiative, led by Chris Newkirk, aims to streamline international transactions […]
Plasma: A Stablecoin Infrastructure Revolutionizing Global Payments
Global stablecoin usage has surged, exceeding $300 billion in circulation. However, existing blockchains struggle to meet the demands of speed, cost-effectiveness, and user-friendliness for these payments. Plasma emerges […]
Stablecoin Adoption Fuels DeFi Growth and Accessibility
The rise of stablecoins is playing a crucial role in expanding the reach and accessibility of decentralized finance (DeFi), particularly for non-crypto users. These digitally anchored assets offer […]
Tether and Circle Issue $1.75 Billion in Stablecoins Following Crypto Crash
Following a recent crypto market downturn, stablecoin issuers Tether and Circle minted a combined $1.75 billion worth of new digital currencies. This surge in issuance suggests growing demand […]
Coinbase and Mastercard Battle for BVNK Acquisition at $2 Billion Price Tag
Two major players in the financial world, Coinbase and Mastercard, are reportedly locked in a fierce competition to acquire BVNK, a London-based stablecoin startup. Sources indicate they’re bidding […]
TRX: A Beacon of Stability Amidst Crypto Market Crash
While the cryptocurrency market experienced a historic sell-off this week, Tron’s native token (TRX) stood out as a rare haven of resilience. Data from CryptoQuant shows that despite […]
Binance Offers Compensation to Users After USDe Depeg
In response to the recent USDe stablecoin depeg, Binance, the world’s largest cryptocurrency exchange, announced compensation for users impacted by the event. The compensation program is aimed at […]
TRON Sees $1.1B Stablecoin Inflow: Ecosystem Strength Amidst PLASMA Outflows
TRON witnessed a substantial influx of $1.1 billion in stablecoins within the past 24 hours, demonstrating its robust ecosystem fueled by low fees and regulatory clarity. This positive […]
Coinbase and Mastercard Eyed for $2 Billion BVNK Acquisition
A potential landmark acquisition worth up to $2 billion is shaping up between Coinbase and Mastercard, as they aim to acquire the stablecoin infrastructure firm BVNK. This deal […]
Tether Launches USAT: A US-Regulated Stablecoin for DeFi
Tether has launched USAT, a new stablecoin designed to meet the regulatory requirements of the US financial system. This move marks a significant shift in the U.S. decentralized […]
TRON’s USDD 2.0 Staking: High Yield Promises Spark Transparency Concerns
Justin Sun announced a new staking campaign for TRON’s USDD 2.0, promising an annual yield of 20% for investors. This initiative, backed by TronDAO, aims to bolster TRON’s […]