SEC lays out guidelines for stablecoins, excludes algorithmic tokens
The United States Securities and Exchange Commission (SEC) released a statement on April 4 establishing guidelines for stablecoins. In an...
Algorithmic
Sonic Labs ditch algorithmic USD stablecoin for UAE dirham alternative
Sonic Labs has canceled plans to launch a US dollar-pegged algorithmic stablecoin, opting instead to develop a United Arab Emirates...
Andre Cronje teases algorithmic stablecoin on Sonic with projected 19%+ APY
Sonic co-founder and lead architect Andre Cronje teased plans on March 25 to launch a new algorithmic stablecoin on the...
Sonic unveils high-yield algorithmic stablecoin, reigniting Terra-Luna ‘PTSD’
The Sonic blockchain is working on the implementation of its yield-generating, algorithmic stablecoin despite fears over a potential collapse similar...
Decentralised Algorithmic Trading Platform Algotech Raises $1.1 Million in 2 Days of Presale
Algotech (ALGT), the decentralized algorithmic trading platform, has revealed that its presale raised $1.1 million in 2 days. Algotech has...
Frax Share (FXS) and the Rise of Algorithmic Stablecoins in DeFi – Times Square Chronicles
In recent years, the decentralized finance (DeFi) space has seen a surge in the development of stablecoins, with Frax Share...
Curve Finance Rolls Out Algorithmic Stablecoin crvUSD
During the first 5 minutes after the launch, crypto investors minted $20 million worth of crvUSD. Curve Finance's recently introduced...
Do algorithmic stablecoins have a future as centralized coins are under scrutiny?
Binance’s native stablecoin — Binance USD (BUSD) — was the third-largest stablecoin pegged to the United States dollar, minted by...
Bitcoin's Bounce Risks Setting a Crypto Algorithmic Trap – Bloomberg
In this edition of the Bloomberg Crypto newsletter, Emily Nicolle sees old risks reviving in a new period of crypto...
Cardano Founder Supports Algorithmic Stablecoin for BTC’s Vision
Cardano founder Charles Hoskinson believes that algorithmic stablecoins would help to achieve Satoshi Nakamoto’s vision for Bitcoin. According to him,...