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Metrics show the stablecoin economy trimmed $773 million this past week, and since Dec. 13, the fiat-pegged token sector has logged a $2.5 billion pullback. Stablecoins Cool off in Early…
Anchorage Digital Bank is expanding access to USDtb, the first federally regulated stablecoin in the United States, following a partnership that makes the firm the sole issuer of the token.…
Ethena’s synthetic dollar is racing toward a $15 billion market cap, and the road signs all point to bigger ambitions ahead. Ethena’s USDe Market Cap Edges Higher USDe isn’t a…
The team behind Ethena’s USDe, the third-largest stablecoin by market cap, has now opened the door for BNB to be used as collateral. The group also hinted that XRP and…
Over the past month, the stablecoin market has swelled over $200 billion, and two fiat-backed tokens have experienced eye-catching expansions. Ethena’s yield-generating stablecoin, USDE, has grown rapidly, now approaching 6…
Based on current data, the stablecoin market has seen a notable expansion. This week, Ethena’s yield-bearing token, USDE, has reached a peak valuation of over $4.12 billion. Ethena’s USDE Tops…
On the heels of Coinbase revealing that Coinbase Wallet users holding USDC can now earn a 4.7% annual percentage yield (APY), Arthur Hayes hopped on social media to highlight the…
Ethena has proposed integrating its liquidity and hedging engine into Hyperliquid, a layer one (L1) blockchain set to launch its EVM mainnet. The proposal includes adding USDE, Ethena’s stablecoin, within…
In the past month, the stablecoin market has kept its upward momentum, with four out of the top five U.S. dollar-pegged tokens increasing in supply. Since Sept. 15, the stablecoin…
Over the past week, the stablecoin market has expanded by $1.39 billion. Once again, tether (USDT) took the lead, with its supply increasing by 610 million USDT during the last…