On 4 April, Ripple unveiled plans to launch its own stablecoin, pegged 1:1 to the US dollar, alongside its existing cryptocurrency, XRP. This strategic initiative markets a significant milestone for the company as it seeks to bridge the gap between traditional finance (TradFi) and decentralised finance (DeFi).
XingChiIf we believe that [decentralization] requires satisfying both [permission-free issuance] and [de-custody] conditions, then USDe does not meet the requirements, so it is appropriate to classify it as a [fully collateralized semi-centralized stablecoin].
JinseFinanceUsual's USD0 launch in France bridges traditional finance with DeFi, introducing innovative yield models and governance tokens. As stablecoins gain momentum globally, the sector promises further growth and innovation.
Xu LinBinance discontinues BUSD support, prompting users to take immediate action. This strategic move aligns with the exchange's commitment to adaptability in the dynamic crypto landscape.
Huang BoSrinivasan expects Bitcoin (BTC) to replace it as the global reserve currency.
BeincryptoCoinbase will suspend trading of Binance USD on March 13. The exchange said that the stablecoin no longer met its listing standards.
TheBlockPlatypusDefi’s stablecoin, Platypus USD, suddenly dropped more than 52%, and the on-chain evidence points to a flash loan exploit.
TheBlockUSD/TRY regains upside momentum, after posting the first daily loss in seven, as it picks up bids to 18.20 heading into Thursday’s European session. I
ForbesWhy does the algorithmic stablecoin UST experience serious price de-anchoring?
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