
Tags: Stablec
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Tether doubles down on mining with Bitdeer and OCEAN, and invests in Fizen to improve digital payment accessibility and infrastructure.
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Synthetix’s sUSD stablecoin has crashed below $0.70 marking its worst depeg in years as collateral changes backfire.
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Synthetix’s sUSD suffers second major depeg in a year, with founder Kain Warwick warning of volatility during peg mechanism transition.
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The United States House Financial Services Committee has passed the stablecoin regulation framework bill.
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Justin Sun provided emergency funding to TrueUSD after $456 million in reserves were allegedly misappropriated that caused a major liquidity crisis.
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In another sure sign of mainstream crypto adoption sweeping the world, a host of banks, blockchain companies, and one US state announced in March that they plan to launch stablecoins soon.
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With the US stablecoin market worth around $235 billion, Fidelity is entering the space amid growing institutional interest and regulatory clarity.
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