Based on the latest data, Ethena’s yield-generating stablecoin, USDE, has experienced a dramatic contraction in supply since July 4, 2024. Over the span of less
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Ex-Square, Coinbase execs raise $58M for Bridge stablecoin network
Bridge seeks to build a global stablecoin payment network to rival traditional systems like Swift and credit cards.
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Defi Giant Makerdao Rebrands as Sky, Introduces USDS Stablecoin and SKY Token
The decentralized finance (defi) lending platform Makerdao is embracing a new identity, rebranding as Sky, according to co-founder Rune Christensen. Along with the fresh name,
Read moreMaker DeFi lending protocol rebrands to Sky ahead of USDS stablecoin launch
Maker is also rebranding the world’s largest decentralized stablecoin ahead of the launch of its governance token, SKY.
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Paypal’s PYUSD Stablecoin Reaches $1 Billion Market Cap in Just Over a Year
On Aug. 26, Paypal’s PYUSD stablecoin hit the $1 billion mark for the first time since its launch in August 2023. Initially rolled out on
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Wyoming Aims to Launch ‘Dollar-Dependent’ Stablecoin in Q1 2025
Wyoming plans to launch a dollar-based stablecoin, the Wyoming Stable Token, in Q1 2025. The digital asset aims to provide faster and cheaper transactions for
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