The Liquity vault is relatively niche, with around 13,878 holders of LQTY, and 8,322 holders of the LUSD stablecoin. Locking LUSD in the stability pool has an annualized yield of 6.44%.

Ethena, developer of the synthetic stablecoin USDe, has raised $100 million to finance a similar token targeted at traditional financial (TradFi) institutions, Bloomberg reported on Monday.

A stablecoin is a cryptocurrency (crypto) that is tied to the value of an underlying asset, most often a fiat currency like the US dollar. Stablecoins are designed to limit volatility by ...

The MEXC cryptocurrency exchange has invested in synthetic dollar protocol Ethena in a broader push to promote stablecoin development and adoption. On Feb. 26, MEXC said it allocated $20 million ...

He said that if the major stablecoin issuers saw “value to capture” on the blockchains, they would have integrated their stablecoins into the networks. In a statement to Cointelegraph ...

More to come in next week’s tracker. State Frameworks for Stablecoin Regulation Vary Widely In the absence of a federal regulatory framework, stablecoin issuers and custodians must navigate a ...

(Bloomberg) -- Yield-bearing stablecoins have long been on the wish list of many crypto market participants who use the tokens to facilitate billions of dollars in transactions daily. Now US ...

Digital asset marketplace Figure Markets has launched YLDS, the first yield-bearing stablecoin registered as a public security offering with the U.S. Securities and Exchange Commission (SEC), the ...

Photographer: David Paul Morris/Bloomberg Stablecoin payments network 1Money Co. announced Monday a slate of new hires with backgrounds in digital assets to lead its team prior to launch. Stablecoins ...

Bill Hagerty (R-Tenn.) and Rep. Maxine Waters (D-Calif.) — unveiled stablecoin bills in their respective chambers of Congress. Each aims to provide a structured regulatory framework for the ...