News with the tag "synthetic dollar"

The Aave community has pushed back against the proposal, questioning whether it addresses the core risks.

Ethena’s “singular focus” for the first quarter of 2025 is the distribution of the “TradFi Wrapped” iUSDe synthetic dollar.

Ethena Labs has officially submitted a proposal to include its upcoming stablecoin, USDtb, in Spark’s liquidity competition.

Yield-bearing stablecoins are gaining traction, with the modular DPoS network Elixir recently introducing a new stablecoin, DEUSD, that offers holders the opportunity to earn returns from the crypto asset. Since Aug. 7, DEUSD’s market value has grown from $952,443 to $115.92 million. Yield-Bearing S...

The integration will also offer Bybit users daily airdrop rewards for holding Ethena's USDe.

Bitcoin-based decentralized finance (defi) protocol Hermetica has launched its BTC-backed synthetic dollar, USDH, on Bitcoin’s layer one (L1) through the Runes protocol. The company also announced plans to scale its Bitcoin-native defi operations using layer two (L2) solutions like Stacks. Hermetica...

The new synthetic dollar is the first step in the rollout of a real-world asset tokenization platform, said Tether.

USDh is the first Bitcoin-native synthetic dollar with yield-generating capabilities. Is the 25% yield sustainable?