2025-4-5 21:32 |
Web3 banking firm Vaulta has announced a strategic partnership with digital asset provider VirgoCX Global Holdings to launch VirgoPay. VirgoPay will be a cross-border remittance network that integrates stablecoins to reduce transfer fees and speed up transactions. Set to launch… origin »
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Ethena Labs has partnered with Chainlink, Harris & Trotter, Chaos Labs and LlamaRisk, to launch proof of reserves for its synthetic dollar stablecoin. Chainlink (LINK) and the other firms joined Ethena (ENA) Labs’ initiative as the stablecoin’s proof of reserves…
Synthetix’s algorithmic stablecoin sUSD is continuing to drift from its $1 peg, currently trading at $0.90. The depeging began in March, with sUSD briefly slipping below $1, but the situation worsened after the implementation of SIP-420—a governance proposal aimed at…
Hermetica has teamed up with Velar to provide a 5% annual yield for traders on the Bitcoin-backed stablecoin USDh through Velar’s futures exchange on Stacks. Hermetica, the issuer of the Bitcoin-backed stablecoin USDh, has partnered with Velar to offer a…
RedStone has expanded its support for Ethena Labs’ stablecoins USDe and sUSDe to the BNB Chain, triggering a 14% price surge. RedStone (RED) has officially announced the launch of USDe and sUSDe price feeds—stablecoins from Ethena Labs—on BNB Chain, expanding…
The European Securities and Markets Authority is sounding a fresh caution at the potential risks crypto could pose to financial markets. ESMA, the European Union’s securities watchdog, has once again touched on the issue of crypto regulation, warning that crypto-related risks…
Franklin Templeton, a global asset manager with a growing presence in the crypto and blockchain investment market, has backed an $8 million seed round for Cap. The asset manager led the investment round, with Ethereum (ETH) based stablecoin project Cap…
Stablecoin exchange flow, a key data point on investor confidence, dropped to its lowest level since January.