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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 stable

In the aftermath of the U.S. election, the crypto market has experienced a massive surge in liquidity, as evidenced by a remarkable increase in the supply of stablecoins. This trend reflects heightened investor interest and capital inflows into digital assets. The combined supply of Tether's USDT a

Tether, the world's largest stablecoin issuer, has reported unprecedented quarterly profits of $2.5bn. The figure marks a significant milestone for the company. Its consolidated earnings for the year have reached $7.7bn. The company's total assets climbed to $134.4bn in the third quarter, according

Tether CEO Paolo Ardoino has provided a comprehensive overview of the company's reserves, disclosing holdings of $5.58 billion in Bitcoin, $3.87 billion in gold, and approximately $100 billion in U.S. Treasury bonds. The disclosure comes amid renewed scrutiny of the world's largest stablecoin issuer

A dispute has emerged between the Wall Street Journal and Tether, the world's largest stablecoin issuer, over claims of a federal investigation. The controversy triggered immediate market reaction, with Bitcoin dropping from $68,600 to $66,589. According to the Wall Street Journal's Friday report,