Yala’s Bitcoin-Backed YU Stablecoin Struggles to Reclaim Peg After Exploit
Yala’s Bitcoin-backed stablecoin YU has failed to regain its dollar peg following an “attempted attack” early Sunday that sent the token plummeting to $0.2046. The...
Tag : Stablecoin
Web3 Exec Warns the US Dollar Stablecoin Endgame Won’t Be Tickers
The US dollar’s dominance in the global financial system faces new challenges as regulatory scrutiny and market dynamics put stablecoins under the spotlight. Recent developments...
Tether Launches USA₮ Stablecoin, Names Former Trump Crypto Adviser as CEO
Tether has announced plans to launch a new U.S.-regulated stablecoin called USA₮. Alongside the token, the company named former White House crypto adviser Bo Hines...
Tether USAT Stablecoin Launches With New CEO and US Focus
Tether has just launched a new stablecoin called USAT. It is designed specifically for the US market and comes with a big promise to play...