Tags: Stablecoin

Tether doubles down on mining with Bitdeer and OCEAN, and invests in Fizen to improve digital payment accessibility and infrastructure.

Synthetix’s sUSD stablecoin has crashed below $0.70 marking its worst depeg in years as collateral changes backfire.

Synthetix’s sUSD suffers second major depeg in a year, with founder Kain Warwick warning of volatility during peg mechanism transition.

The United States House Financial Services Committee has passed the stablecoin regulation framework bill.

Justin Sun provided emergency funding to TrueUSD after $456 million in reserves were allegedly misappropriated that caused a major liquidity crisis.

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.

With the US stablecoin market worth around $235 billion, Fidelity is entering the space amid growing institutional interest and regulatory clarity.