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 ...
Source: Matthew Sigel The chart below shows a 77.5% uptick in Solana’s stablecoin supply over the last week, hitting a new all-time high market cap of $10.83 on Jan. 24. Related: Solana price ...
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 ...
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 ...
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 ...
Ripple's RLUSD stablecoin launch on Dec. 17 hasn't sparked significant XRP price rally, with XRP down 4% since launch day. RLUSD expected to enhance XRP ecosystem liquidity and potentially drive ...
Circle Internet Group Inc., the issuer of the $48 billion USD Coin stablecoin, today announced the acquisition of Hashnote Management LLC, a company that provides a tokenized money market fund ...
XRP is soaring after its creator, Ripple, announced that its planned and unrelated RLUSD stablecoin has finally received regulatory approval and is preparing to launch “soon.” XRP is up 11% in ...