Stablecoin design takes many different forms, each with its own tradeoffs: Reserve-backed stablecoins: Cryptocurrencies pegged to the value of a fiat currency held in reserve by a company or ...
The developers of USDh, a stablecoin built on Bitcoin layer 2 Stacks, have completed a deal to bring around $3 million in liquidity to the token. Decentralized finance (DeFi) protocol Hermetica ...
Solana (SOL), the layer-1 blockchain designed for high-speed and low-cost transactions, has been at the center of a trading frenzy with Donald Trump's memecoin driving stablecoin supply on the ...
Interestingly Usual USD (USD0), a stablecoin launched in July 2024 by the Usual blockchain, has seen its market cap surge by 79.8% during this same period and has become the 6 th largest ...
For example, a U.S. dollar stablecoin is designed to maintain a value of $1. Since most cryptocurrencies are highly volatile, stablecoins are an alternative for those who want a digital currency ...
“There is both significant demand from end users in receiving US dollars, which can be near impossible using non-stablecoin rails, but also from senders who want to bypass the correspondent ...