USDS is the third-largest stablecoin by market capitalization after Tether's USDT and Circle's USDC.
Binance clarified that BFUSD is a reward-bearing margin asset, not a stablecoin. The announcement triggered concerns, with many comparing BFUSD to the collapse of TerraUSD (UST). Binance has clarified the nature of its new asset, BFUSD, stating that
[PRESS RELEASE – Grand Cayman, Cayman Islands, November 20th, 2024] FDUSD becomes the second native stablecoin on Sui following USDC’s landmark deployment in early October Sui, the Layer 1 blockchain offering industry-leading performance and infinite
Sky, a decentralized finance (DeFi) lending and borrowing protocol formerly known as Maker, has officially launched its USDS stablecoin on the Solana blockchain. The implementation of USDS on Solana is made possible through Wormhole’s Native Token Tr
Binance clarified that BFUSD isn’t a stablecoin amid comparisons to UST.
Sky is offering $500,000 in USDS rewards for early adopters and stablecoin liquidity providers.
The exchange stablecoin ratio (ESR) is an on-chain metric that indicates the balance of liquidity between Bitcoin and stablecoins held on exchanges. The metric is calculated as the ratio of the total Bitcoin reserves to the total stablecoin reserves,
Membrane Finance is the issuer of US dollar and euro stablecoins and has a passportable Finnish license.
The crypto market has witnessed a significant influx of about $10 billion in new capital following President Donald Trump’s victory in the US elections on Nov. 5. DeFiLlama data shows that Tether’s USDT led the charge, rising $8 billion to a new reco
Binance has introduced a new stablecoin, BFUSD, with an annual percentage yield of 19.55%. The stablecoin is designed to appeal to crypto users seeking passive income. The total supply of BFUSD is capped at 20 million tokens, and the stablecoin…
Binance has clarified its forthcoming BFUSD asset is not a stablecoin as crypto users started freaking out over its promise of high yields.
The so-called "reward-bearing margin asset for futures trading" will pay out nearly 20% APY returns to holders.
The world’s largest crypto exchange is set to launch a high-yield stablecoin.
Binance has introduced a new stablecoin called BFUSD intended for high-yield earnings and to act as collateral for trading and borrowing. This stablecoin comes with an APY of 19.55%, making it a fantastic alternative to traditional stablecoins. A use
São Paulo, November 18, 2024 – Mercado Bitcoin (MB), the largest digital asset platform in Latin America, announces the launch of MBRL stablecoin on the TRON blockchain. The MBRL stablecoin presents an innovative means of payment that combines the tr
Ripple's massive stablecoin burn sets stage for explosive market entry
The payments altcoin XRP defied a brief crypto market cooldown and surged by more than 15% in 24 hours to close out Friday. The asset’s gains materialized after the French bank Societe Generale (SocGen) announced a plan to deploy its euro-pegged stab
Over the past 14 days since Nov. 2, an eye-popping $9.736 billion has flowed into the stablecoin economy, adding to the $555 million boost recorded in October. Near Record Highs: Stablecoin Economy Grows Stablecoins have cemented their role as a powe
Binance, the top global crypto exchange by trading volume, is rolling out support for the new native token of a decentralized fiat stablecoin issuer. Binance Launchpool, which lets users stake coins to farm new assets, says its 61st project will be U
Societe Generale-FORGE (SG-FORGE), the digital asset subsidiary of French banking giant Societe Generale, has announced plans to deploy its MiCA-compliant stablecoin, EUR CoinVertible (EURCV), on the XRP Ledger in 2025. The decision makes the XRPL th