stablecoins
Two stablecoin firms made announcements this week, with one raising an undisclosed amount and Paxos expanding into the EU through an acquisition
Perena is built on the premise that as stablecoins proliferate, liquidity could fragment, and stablecoins aren’t useful if they aren’t liquid
The third-largest stablecoin is going multichain for the first time in its seven-year history
In case you missed it, BitGo last week appointed the former president of Silvergate Bank as part of its push into stablecoins
Even if you are bullish on the space, execs agree it will take a while before some of the space’s multi-trillion-dollar projections are met
Plus, there’s a glaring question many in the crypto community want Kamala Harris to address
Architect Partners’ Eric Risley tells Blockworks this deal is “the most important M&A transaction to date for our industry”
Plus, slicing and dicing crypto market cycles in a new way
A16z’s State of Crypto report shows that DeFi has the largest number of daily active addresses, with stablecoins following closely behind
Plus, will crypto ever move on from Tether?
Plus, correlations between ETF flows and BTC’s price, and Ethena expands USDe backing
The stablecoin’s supply has declined about 50% in the last month, from $660 million to $320 million
Plus, Sky’s soaring stablecoin and simpler bitcoin staking
The Ethereum DeFi giant formerly known as MakerDAO is weighing a deployment of its native tokens on Solana
TrueUSD skeptics were vindicated by a recent SEC settlement, which painted a sad picture of the state of due diligence
The new exchange seeks to differentiate from incumbents via a non-custodial, stablecoin-native model
Plus, Blockworks’ Jason Yanowitz thinks we’ll see some “really fun stablecoin competition for the first time in years”
Plus, the stablecoin market has some new entrants
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