After the Oct. 10 market crash that saw massive losses in bitcoin BTC$112,732.51 and other cryptocurrencies, nearly $1 billion in DeFi positions involving Ethena’s staked...
Looking at USDT and USDC’s market capitalization today, you may be fooled into thinking they are unchallengeable. With Tether and Circle controlling over 80% of...
During Friday’s turbulent market sell-off, Ethena’s synthetic dollar, USDe, which maintains its 1:1 peg to the USD through cash-and-carry arbitrage, briefly dropped, hitting 65 cents...
Ethana’s yield-bearing stablecoin, USDe, briefly lost its 1:1 dollar peg during the recent sharp market sell-off triggered by U.S. President Donald Trump’s announcement of a...
Solana-based decentralized exchange Jupiter is rolling out its own stablecoin, JupUSD, by the end of the year. The coin will be native to Solana and...
The Sui blockchain will soon host its first native stablecoins, following a three-way partnership between publicly-traded digital asset treasury firm SUI Group (SUIG), synthetic dollar...