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Tether debuts USDT0 stablecoin on Kraken’s Ink Layer 2

Key Takeaways Tether introduces USDT0 to enhance USDT’s interoperability, allowing seamless transfers across chains with LayerZero’s OFT standard. USDT0 launches on Kraken’s Ink L2, with plans to expand to Berachain and MegaETH, offering users unparalleled access to USDT liquidity. Share this article Tether has announced the launch of USDT0 on Kraken’s Layer 2 blockchain, Ink. … Read more

Justin Sun Just Dropped a New TRX Stablecoin With a 20% Yield: Everything to Know

Justin Sun, the co-founder of Tron and former Permanent Representative of Grenada to the World Trade Organization (WTO), is once again making headlines. Yesterday, on January 15, Sun unveiled an improved version of the USDD algorithmic stablecoin. Justin Sun Announces USDD 2.0 – A New Algorithmic Stablecoin With High Yield USDD 2.0, according to Sun, … Read more

Tether is Moving to El Salvador: Here’s Everything To Know About Stablecoin Move to Bitcoin State

Tether and El Salvador are embarking on a path that befits only true Bitcoin pioneers. Tether Holdings, the issuer of the first fiat-backed stablecoin, USDT, and El Salvador, the first sovereign country to make Bitcoin (BTC) legal tender, are aiming for closer collaboration than ever before. Yesterday, Tether announced it will relocate its headquarters to … Read more

Stablecoin to move beyond trading in 2025, Dragonfly Capital exec predicts

As banks gear up to issue stablecoins for payments, 2025 could mark a turning point for stablecoin adoption, Dragonfly Capital’s Haseeb Qureshi predicts. Stablecoins are set to revolutionize small and medium-sized business payments in 2025, shifting from trading and speculation to enabling real-world use cases like instant settlement, according to Dragonfly Capital’s managing partner Haseeb … Read more

Frax Finance opens community voting until Jan. 1 to adopt BlackRock’s BUIDL for new stablecoin

The voting period to onboard BlackRock’s USD Institutional Digital Liquidity Fund as a reserve asset for Frax Finance’s new stablecoin, Frax USD, opens on Dec. 27 until Jan. 1, 2025. Decentralized finance protocol Frax (FRAX) Finance is getting ready to launch its new stablecoin, frxUSD. But first, the protocol needs to determine whether to adopt … Read more

Trump-backed World Liberty Financial adopts sUSDe stablecoin in DeFi expansion

Key Takeaways World Liberty Financial is integrating the sUSDe stablecoin into its DeFi ecosystem with Ethena. WLFI’s portfolio expansion includes $500,000 investment in Ethena and $250,000 in Ondo. Share this article Donald Trump-backed crypto project World Liberty Financial (WLFI) is partnering with Ethena to integrate the sUSDe stablecoin as a core collateral asset in WLFI’s … Read more

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