If you hold a stablecoin like USDT, USDC, or DAI, you maintain a steady dollar-like balance, but with no added return. That’s because these “conventional” stablecoins are built to mirror the dollar, not to generate income. Yield-bearing stablecoins are different. They hold a $1 peg while passing on returns from sources like Treasuries or on-chain lending. It sounds simple, but…
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In Brief China explores stablecoin options with Hong Kong as a testing ground, eyeing blockchain infrastructure like Conflux and Chainmaker. Conflux, as a regulated public blockchain, is seen as the leading candidate for powering China’s stablecoin ambitions. Beijing’s concerns over capital outflows and dollar dominance are central to China’s cautious stablecoin strategy. China is closely…
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In Brief Synthetix’s sUSD dropped to $0.77 due to a major liquidity exit, exposing the fragility of algorithmic stablecoin systems. Regulatory hurdles and high-profile failures like UST/LUNA continue to undermine trust and adoption in the algorithmic stablecoin sector. Despite past setbacks, experts see potential if future projects prioritize risk management, regulatory compliance, and transparency. The…
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In Brief Blockchain company Ripple has rebranded to align with its vision for the Internet of Value. The firm is refining its product offerings to focus on cross-border payments and stablecoins. Ripple’s website update suggests a shift away from Central Bank Digital Currencies (CBDCs). Ripple announced a significant rebrand, aligning its identity with the Internet…
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In short In Latin America, stablecoins are utilized to support against high expansion in nations like Venezuela and Argentina. Stablecoins are additionally being conveyed to control cross-line settlements into and across the mainland. Presently, a developing pool of Latin American stablecoins is arising to challenge the strength of computerized dollars. The US dollar has generally…
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