Ethereum has 49% of global stablecoin supply, valued at $84.6 billion. TRON follows with 34.8% market share, driven by demand for Tether (USDT). The growing importance of stablecoins has been ...
On September 26, the marketing lead of SHIB.IO, known as LUCIE on X, shared details about the SHI stablecoin. LUCIE revealed that the stablecoin was still in development as of 2021, when it was first ...
Lucie, SHIB’s marketing lead, elaborated on the fundamentals of the SHI stablecoin in a message on X. According to Ryoshi’s vision, this stablecoin is meant to be pegged to $0.01, helping crypto ...
10x Research predicts a $278 billion Chinese stimulus plan, combined with potential capital outflows from China to trigger a crypto rally. Bitcoin is expected to reach $70,000 in the next two ...
Robinhood Markets (NASDAQ:HOOD) is exploring launching its own stablecoin, according to a media report dated Thursday, a move that may position the company to take some market share from Tether's ...
UStb will function similarly to traditional stablecoins and is fully separate from Ethena's USDe. The team also aims to expand UStb to other centralized exchanges in order to offer partners a ...
Shiba Inu's SHI Stablecoin is edging closer to release, according to updates from marketing head Lucie. The SHIB team highlights SHI's potential to provide stability and liquidity on Shibarium ...
Mensholong is a experienced crypto and blockchain journalist, now a full-time writer at Techopedia. He has contributed with news coverage and in-depth market analysis to… ...
Upstarts have tried to compete with Tether’s USDT for years, with most having little to show for it. Circulation of the stablecoin — a type of token designed to maintain a constant value — has swelled ...
Ethena Labs introduced UStb stablecoin, backed by BlackRock in collaboration with Securitize. The company said the new stablecoin would offer safer stability, unlike USDe. The developer said the new ...
The CSA has long voiced concerns about the risks posed by stablecoins, noting, “Investors have experienced significant harm from the collapse of unregulated [stablecoins], other [stablecoin] market ...