USDX Stablecoin Faces Major Peg Loss, Protocols Launch Liquidations
The synthetic stablecoin USDX has sharply depegged from its intended $1 value, briefly dropping below $0.4 earlier today. The price…
Category: Stablecoins
Europe’s Digital Euro Plan Moves Forward – Launch Could Happen by 2029
The European Central Bank (ECB) has announced it is entering the next phase of its digital euro project. After concluding…
Stablecoins Wobble During Flash Crash – But Most Pass the Test
Even stablecoins weren’t immune to Friday’s chaos. During the height of the crypto flash crash, major stablecoins showed brief signs…
Circle’s Stock Took Off After IPO – Now It’s Slipping Below $115
Circle Internet Group (NYSE: CRCL), the issuer of USDC stablecoin, went public on June 5 with an IPO price of…
USDM: Cardano’s Dollar-Backed Stablecoin Gains Traction
USDM, a U.S. dollar-backed stablecoin issued on Cardano, launched in March 2024. It brought a fiat-backed digital asset to a…
Polymarket Plans to Launch Own Stablecoin After Rapid Growth
Polymarket, a prediction market platform operating on the Polygon blockchain, is preparing to introduce its own dollar-pegged stablecoin. The decision…
Top Stablecoins Leading the Crypto Market in 2025
Stablecoins have steadily grown into a central piece of the cryptocurrency world. These digital tokens are structured to match the…
Circle’s Stock Surges as Senate Clears Stablecoin Bill
Circle Internet Group is once again in the spotlight, with its stock price jumping sharply this week. After already climbing…
Stablecoin Market Surpasses $250 Billion Amid Regulatory Clarity
The stablecoin sector has now surpassed $250 billion in total market capitalization, more than doubling in value since late 2023.…
Circle Stock Triples After Public Debut on NYSE
Circle Internet Group (CRCL), the company behind the USDC stablecoin, made its public market debut on the New York Stock…