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Solana (SOL) decentralised finance (DeFi) liquidity is up for a major boost as a new stablecoin USDS has been launched by Sky, previously known as Maker. The move aims to capitalise the Solana's blockchain's DeFi ecosystem growth. With this launch, USDS have become the first big DeFi native stableco

Decentralized finance (DeFi) is converging with traditional finance (TradFi) through innovative instruments like Treasury-linked stablecoins. These new assets, including Tether’s USDT, Circle’s USD Coin (USDC), and the freshly launched USDX on the Flare Network, are tethered to the low-risk yields o

Leading crypto exchange Binance has launched a new stablecoin called BFUSD which will provide high-yield earnings for traders. BFUSD will be a collateral for borrowing trading. The new stablecoin has an annual percentage yield (APY) of 19.55% which makes it a good alternative to conventional stablec

Amidst the rising enthusiasm for stablecoins, Netherlands-based fintech firm Quantoz is setting its sights on capturing a share of the European market. With ambitions to bolster its presence, the company plans to issue euro-pegged (EURQ) and U.S. dollar-pegged (USDQ) stablecoins on the Ethereum bloc

Britain is planning new legislation to regulate stablecoins like Tether (USDT) and USDC and to exempt staking services, in a move to make the country more attractive for crypto investors. Earlier this week, crypto exchange Bitget relaunched its platform in the UK with 150 token options. The British