Stablecoin
Real-time Risk Monitor for Ethena USDe Stablecoin Now Live
BitMEX founder Arthur Hayes has unveiled a risk radar chart for Ethena’s USDe. It covers crucial metrics such as USDe Peg Monitor, sUSDe price performance,…
Cantor Fitzgerald CEO Advocates for Stablecoins and Asset Tokenization
Cantor Fitzgerald LP's CEO is bullish on asset tokenization and stablecoins. Howard Lutnick believes that stablecoins can benefit the US economy. Lutnick also voiced concerns…
Stablecoin Injected with Over $4.2B Amid Bull Market Frenzy
The stablecoin market has seen a $4.21 inflow within the last ten days. Tether USDT accounted for a $2.4 billion inflow, mainly via the Tron…
Ethena’s USDe Now Real Threat To Maker’s DAI: Coinbase Analyst
Coinbase analyst David Han believes USDe stablecoin is now a formidable rival to DAI. USDe gained market cap against DAI due to high yields and…
Ethena’s Bitcoin Backing of USDe Raises Concerns of Terra Luna Repeat
Ethena Labs has integrated Bitcoin as a backing asset for USDe stablecoin. The founder of CryptoQuant argued that the decision may not benefit BTC holders.…
ZA Bank Explores Providing Hong Kong Accounts for Stablecoin Issuers
ZA Bank in Hong Kong is discussing establishing cash reserve accounts with potential stablecoin issuers. A ZA Bank executive disclosed engaging with about eight prospective…
Fantom Set to Unveil Canonical Stablecoin Backed by Circle and Wormhole
The Fantom Foundation has partnered with Circle and Wormhole to launch USDC.e stablecoin. Bridging USDC via Wormhole and potential upgrades to native status streamline processes…
Crypto Community Divided Over Ripple’s Plan to Introduce Stablecoin
Ripple's plan to introduce stablecoin brings along scepticism over integration with XRP in payments. Bill Morgan questions the necessity of combining stablecoin with XRP in…
Large Investors Boost Stablecoin Holdings as Stablecoin Hits Highest Market Cap Since 2022
Large investors accumulated 5.09% of leading stablecoins as stablecoins mark the highest market cap since 2022. Whales now hold 55.37% of the total supply, indicating…
Breaking: Circle Ends Support for USDC Stablecoin on Tron
Circle has reportedly ended support for its USDC stablecoin on the Tron blockchain as part of a risk management program. According to a blog post,…
