StableCoin
Stablecoins are the foundation of the cryptocurrency universe. They are designed to hold steady prices through various methods, like backing by real-world assets or using algorithms. Essentially tied to traditional currencies or precious metals, stablecoins offer a way for crypto users to sidestep the market's ups and downs.
Explore the launch of Ripple Labs' new stablecoin RLUSD and its impact on global payments and the cryptocurrency market. Analyze how RLUSD competes with existing stablecoins in terms of compliance and market strategy, and how the regulatory framework by the New York Department of Financial Services shapes industry standards.
12/16/2024, 6:54:59 AM
This article introduces USDI, a programmable stablecoin built on the Bitcoin network, supported by the RGB++ protocol, designed for low-cost and fast cross-border payments.
12/5/2024, 5:52:21 AM
Yala inherits the security and decentralization of Bitcoin while using a modular protocol framework with the $YU stablecoin as a medium of exchange and store of value. It seamlessly connects Bitcoin with major ecosystems, allowing Bitcoin holders to earn yield from various DeFi protocols.
11/29/2024, 10:10:11 AM
Growing National Stablecoins in Asia: Several Asian countries are developing stablecoins pegged to local currencies to assert monetary sovereignty and reduce dependence on the U.S. dollar in global trade.
11/26/2024, 6:33:00 AM
It’s been a decade since Tether launched the first USD-backed, crypto-enabled digital currency. Since then, stablecoins have become one of the most widely adopted products in crypto, with a market cap of nearly $180 billion. Despite this remarkable growth, stablecoins continue to face significant challenges and limitations.
11/26/2024, 2:26:57 AM
Today’s stablecoins serve critical roles in the cryptocurrency and DeFi ecosystems, providing liquidity for exchanges, facilitating collateralized lending, and allowing market participants to retain digital asset exposure without continuous conversions to fiat currency.
11/26/2024, 2:12:29 AM
There are over $160 billion worth of stablecoins used in transactions worldwide. This article explores the recent history of stablecoins and the banking industry, and provides a detailed evaluation of three types of tokens: fiat-backed stablecoins, asset-backed stablecoins, and strategy-backed synthetic dollars.
11/26/2024, 1:45:31 AM
The future is bright for leading payments, fintech, and neobank players, who can leverage stablecoins to streamline operations and accelerate global expansion. It also opens new opportunities for domestic stablecoin issuers to position themselves and ready their payment systems for global interoperability—an area where stablecoins are poised to succeed where the bureaucratic BIS’s ‘Finternet’ vision will quickly fall short.
11/25/2024, 3:26:41 AM
Usual is a secure and decentralized fiat stablecoin issuer that redistributes ownership and governance through the USUAL token.
11/18/2024, 7:50:02 AM
To transcend the US dollar system, Tether's future lies not only in maintaining its role in global payments and liquidity but also in deeply exploring how to establish a truly supranational monetary system.
11/18/2024, 2:06:22 AM
At around 9 AM on November 11, according to OKX market data, the price of BTC surged to approximately $81,733. This marks Bitcoin's official entry into the coveted "80,000 USD era," solidifying its position above the $81,000 level, with just about 23% remaining to reach the next milestone of $100,000. Driven by a series of favorable factors, including Trump's victory in the U.S. presidential election, continued inflows into Bitcoin spot ETFs, and ongoing interest rate cuts by the Federal Reserve, Bitcoin is once again embarking on its "journey to the stars and the sea."
11/16/2024, 3:48:01 PM
USDe is an emerging synthetic dollar stablecoin developed by Ethena Labs, designed to offer a decentralized, scalable, and censorship-resistant stablecoin solution. This article will provide a detailed explanation of USDe's mechanism, sources of income, and how it maintains stability through a delta hedging strategy and a mint-redeem mechanism. It will also explore the various earning models of USDe, including USDe mining and flexible savings, as well as its potential for providing passive income.
11/15/2024, 5:46:29 AM
This article explores Ethena’s business model, how USDe generates returns, and compares the strengths and weaknesses of Ethena and Tether. We’ll also look at where the stablecoin market may be headed and how Ethena, Tether, and others might compete in the future.
11/8/2024, 6:56:55 AM
As the U.S. election draws more attention, Bitcoin surged in October. While polls indicate a tight race for the White House, changes in financial assets and prediction market odds suggest investors now see Trump as the likely winner.
11/8/2024, 6:14:41 AM
Over the past decade, crypto trading demand has soared, with 2021 transaction volumes exceeding $24 trillion, leading to a significant increase in the number of CEXs and DEXs. While CEXs still dominate, DEX market share has grown from 0.33% in 2020 to 11.91% in 2024, showing strong growth potential. DEX platforms excel in niche assets and cross-chain trading, while CEXs enhance user experience through Web3 integration. With TradFi entering the market, crypto trading is poised for new growth momentum.
11/7/2024, 5:47:43 AM