Synthetix protocol’s sUSD stablecoin fell to a new low of $0.66 this week, over 30% below its intended $1 peg, extending a ...

Synthetix's sUSD stablecoin experienced a major depegging event, dropping to $0.68. Explore the causes, including the SIP-420 ...

Sheila Warren, CEO of Project Liberty Institute, says stablecoin legislation is most likely to be the first major crypto law to pass under the current U.S. administration. In a conversation with ...

Synthetix’s sUSD stablecoin has plunged as low as $0.68, losing its dollar peg amid structural changes, sparking fears of critical crisis.

PayPal plans to offer 3.7% annual yield on its PYUSD holdings to its U.S. customers in a bid to spur wider adoption and capture the growing stablecoin market. PayPal is planning to offer a 3.7% ...

Synthetix's sUSD stablecoin has fallen to $0.70, 30% below its dollar peg, following protocol changes that disrupted its ...

PayPal and Venmo users will soon be able to earn yield on their stablecoin holdings, the company said Wednesday. Customers will earn an annual rewards rate of 3.7% beginning this summer.

Dutch bank ING is working on a stablecoin, looking to take advantage of Europe’s new cryptocurrency regulations that came into force last year, according to two people with knowledge of the plans.

Amid an increasingly competitive stablecoin landscape, PayPal (NASDAQ:PYPL) is planning to launch a new loyalty offering that will reward U.S.-based PayPal and Venmo users for holding its PayPal ...

sUSD Stablecoin: The Mechanics Behind the Meltdown ... SIP-420 changed all of that. It reduced the collateralization ratio from 750% to 200% and forgave old debts over 12 months, effectively ...