Stablecoin

Solana traders are quickly embracing the newest stablecoin to join their decentralized finance (DeFi) fray: USDS, issued by Sky (formerly MakerDAO). www.coindesk.com

Paxos agreed to buy electronic money institution Membrane Finance, which is licensed in Finland. www.coindesk.com

Binance, the top global crypto exchange by trading volume, is rolling out support for the new native token of a decentralized fiat …

The leading stablecoin firm Tether (USDT) has rolled out a private beta for a new tokenization platform. “Hadron by Tether” aims to …

Fraudsters are exploiting the recent introduction of PayPal‘s PYPL dollar-backed stablecoin. More than 66 imitation tokens had emerged on platforms including Ethereum …

Anthony Pompliano, founder of Professional Capital Management, believes Tesla’s push into automation could be the catalyst for widespread stablecoin adoption. In a …

The USDT issuer is expanding in trade finance, seeking to carve out a niche in the $10 trillion ecosystem. www.coindesk.com

A new crypto venture has emerged as former President Donald Trump’s family launches World Liberty Financial, aiming to create a U.S.-dollar-backed stablecoin. …

Jeremy Allaire, CEO and co-founder of Circle, sees Hong Kong as a key market for the company’s stablecoin, USDC. Allaire announced Circle’s …

The Global Dollar Network, whose participants will earn yield for helping foster adoption of USDG, also includes Anchorage Digital, Bullish, Galaxy Digital …