MEXC Ventures Invests in Ethena and USDe to Promote Synthetic Stablecoins
TL;DR MEXC Ventures invests $36 million in Ethena and its USDe stablecoin to accelerate the adoption of synthetic dollars within the DeFi ecosystem. USDe is a
stablecoin (Latest Publications)
Stablecoins Break Records! Market Cap Hits $227.4 Billion
TL;DR Record Surge: Stablecoin market cap skyrockets to $227.4B, up from $132B in January 2024. Top Tokens: Tether leads with $143B, followed by USDC at $57B
Noble’s Treasury-Backed Stablecoin Goes Live With Innovative Yield Model
TL;DR Noble launched USDN, a stablecoin backed by U.S. Treasury bonds, offering annual yields of around 4.15%. USDN allows users to earn yields from the income
Aave Proposes Major Tokenomics Update—Here’s What’s Changing
TL;DR Aave DAO is evaluating a proposal to modify its economic structure, including changes in treasury management and liquidity incentives. A financial committee would be created
Binance to Delist USDT, DAI, and More in Europe! Here is the Reason
TL;DR Binance Delisting: Binance will delist several non-MiCA-compliant stablecoins (including USDT, DAI, TUSD, and USDP) in the EEA by March 31 to comply with EU MiCA
Stripe’s Co-Founders See Stablecoins as the Future of Finance
TL;DR Future of Finance: Stripe co-founders champion stablecoins as a revolutionary upgrade to traditional money, offering faster, cheaper, and programmable transactions. Strategic Move: Reinforcing their vision,
Sky Deploys Polaris on Berachain to Supercharge Stablecoin Liquidity
TL;DR Sky integrates USDS with Berachain: Deploys Polaris, an innovative liquidity module tapping into a $7.5B liquidity engine, to enhance DeFi stability and performance. Leveraging Berachain’s
PayPal Aims for Global Reach with PYUSD and Hyperwallet
TL;DR PayPal plans to integrate its stablecoin PYUSD into over 20 million merchants by the end of 2025, facilitating international payments and reducing conversion fees. The
Ethena Labs Integrates Chaos Labs’ Oracles to Improve USDe Risk Management
TL;DR Enhanced Transparency and Security: Ethena Labs integrates Chaos Labs’ Edge Proof of Reserves Oracles to boost the transparency and security of USDe’s reserves. Market Response:
Ethena Secures $100M in Private ENA Token Sale, Investors Revealed
TL;DR Ethena Foundation raised $100 million in a private sale of ENA tokens with investors such as Franklin Templeton and Polychain. The funds will finance a
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