Browsing: Stablecoin
DAI’s market capitalization jumped by near $1 billion this month following the introduction of reward rates as high as 8%.…
The Federal Reserve took action against Farmington State Bank on Aug. 17, asserting the bank took on a stablecoin strategy…
The market cap of MakerDAO decentralized stablecoin DAI has increased by almost $1 billion in the last seven days after…
Cardano (ADA), the blockchain platform renowned for its scalability and technological approach, has made significant strides in the crypto market,…
There was a decisive shift in favor of stablecoin-margined BTC contracts. Owing to BTC’s recent losses, short position traders swung…
Earlier this week, popular American payment giant Paypal unveiled the launch of its USD-pegged PYUSD stablecoins to investors. In response,…
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Representative Patrick McHenry, (R-NC), chair of the U.S. House Financial Services Committee Chairman, endorsed PayPal’s recently-announced stablecoin on Aug. 7.…
PayPal has announced the launch of a new dollar-backed stablecoin, marking the first time a major U.S. financial company has…
Ondo Finance, an on-chain finance firm started by former Goldman Sachs associates, rolled out the USD Yield (USDY) today, the…