Synthetix's algorithmic stablecoin sUSD is continuing to drift from its $1 peg, currently trading at $0.90.
Tether's gold-backed XAUT token rises 3.4% as physical gold reaches record highs above $3,200 amid economic uncertainty and trade tensions.
Synthetix's stablecoin, sUSD, has plunged to a five-year low of $0.83, raising investor concerns about its stability.
Equities markets are giving mixed results on trade war deescalations.
Conflux (CFX) has announced the closure of its Bounty platform as part of a strategic realignment, effective April 14, 2025. Users are advised to manage remaining balances promptly.
Explore the differences between Kava USDT and USDT0 on Sei Mainnet, including interoperability, token backing, and best practices for integration.
AG Letitia James recommended stablecoins should be both backed 1:1 by U.S. dollars or treasuries and issued by American companies.
What happens when a stablecoin isn't stable, and the founder's response is “no crying in the stablecoin casino”?
TRX Rallies 10% as Tether Mints $1B on Tron Amid Global Trade Tensions
Synthetix's sUSD suffers second major depeg in a year, with founder Kain Warwick warning of volatility during peg mechanism transition.
TL;DR Synthetix's sUSD stablecoin briefly fell to $0.83, its lowest level in five years, sparking renewed concerns about its long-term stability. While it shares design similarities with Terra's failed UST, sUSD is backed by a $30 million treasury that could help mitigate extreme risks.
Over the past decade, issuance of Tether's USDt (USDT) has consistently mirrored Bitcoin (BTC) price cycles, with mints often clustering around bull runs and burns following corrections.Data from Whale Alert shows the relation between USDT issuance and Bitcoin price movements by plotting Tether's net minting and burning alongside the price of Bitcoin from 2015 to early 2025. While many in the industry have long speculated about the correlation between USDT supply and BTC performance, this data set provides a clearer timeline for evaluating that relationship.
The Synthetix protocol's native stablecoin, Synthetix USD (sUSD), fell to its lowest value in five years, extending a months-long struggle to maintain its $1 peg.The asset has faced persistent instability since the start of 2025. On Jan. 1, sUSD dropped to $0.96 and only rebounded to $0.99 in early February.
Synthetix stablecoin sUSD has fallen 6% in the last day to trade at $0.8597, continuing the recent decline below its $1 peg. At the same time, 24-hour trading volume has jumped nearly 487% to over $2.
Synthetix had another de-peg of its asset-backed sUSD token. The stablecoin slid to $0.83 due to the transitional period of minting from a new staking pool.
A PEPE whale has offloaded over 723 billion tokens, converting them to the DeFi stablecoin DAI, signaling a lack of confidence in the asset.
The crypto market resumed its downward trajectory after a brief recovery on Tuesday. Bitcoin (BTC) and other cryptocurrencies crashed on Monday thanks to tariff-induced uncertainties but recovered on Tuesday.
It might sound strange at first, but stablecoins are soaring these days.
The world's largest stablecoin issuer is plotting its U.S. expansion and building a decentralized rival to OpenAI's model.
Tether plans to launch a US-based institutional stablecoin as regulatory framework advances under Trump's administration, potentially entering the American market.
The cryptocurrency market is once again riding a wave of volatility after a massive $400 million USDT transfer from Tether Treasury to Binance, the worlds largest crypto exchange. According to blockchain tracker Whale Alert, the sizeable inflow has stirred speculation across crypto-focused social media platforms, with many wondering if whales are gearing up to buy the dip.
Roller coaster action continues to happen in the cryptocurrency market as a new twist revealed a colossal amount of USDT, a major stablecoin, hit the world's largest exchange, Binance.
Tether, the leader of USDT, is preparing a new American stablecoin aimed at financial institutions. This strategic project emerges as Washington moves towards a regulatory framework for these dollar-backed digital currencies.
As the cryptocurrency landscape in the United States undergoes significant changes under Trump's second administration, Tether, the company behind the largest stablecoin, USDT, is considering launching a US-exclusive stablecoin.
Tether (USDT) is a type of cryptocurrency known as a stablecoin. It was launched in 2014 by a company called Tether Limited.
"The new legislation gives us the opportunity to explore the creation of a U.S.-based, institutional-grade stablecoin," said Paolo Ardoino.
TL;DR Tether is exploring the possibility of launching a U.S.-exclusive stablecoin if the new regulations proposed by the Trump administration turn out to be favorable. Although it currently does not serve U.S. customers, the company already works closely with agencies like the FBI and the Department of Justice.
The USDT issuer, Tether, is contemplating the launch of a US-only stablecoin driven by President Donald Trump's crypto policies. This marks a major shift in the firm's strategies, as the platform hasn't historically supported American clients.
America's changing cryptocurrency landscape could soon bring Tether's stablecoin to the U.S. The company is considering offering a U.S.-only stablecoin, assuming the government brings forth regulations encouraging new entrants to the market, Tether's CEO told the Financial Times (FT) in a report published Monday (April 7).
Tether is considering launching a U.S.-only version of its token if the Trump administration introduces favorable regulations. The post Tether Weighs U.S.-Only Stablecoin Amid Potential Pro-Crypto Trump Regulations appeared first on Cryptonews.
The dYdX community has officially launched the Surge Rewards Program, a nine-month trading competition designed to reward active participation from both new and returning users. Beginning April 1, 2025, the program will allocate up to $20 million in DYDX tokens to traders over the course of nine monthly “seasons,” establishing one of the largest and longest-running incentive programs in DeFi trading to date.
CEO Paolo Ardoino says Tether may launch a new stablecoin instead of adapting USDT to U.S. regulations. This new stablecoin would be built from the ground up to be “compliant by design.
Paolo Ardoino said that if new rules are brought in "make stablecoins competitive, there could be an interest from Tether to create a domestic stablecoin."
Tether's chief executive Paolo Ardoino says the stablecoin issuer is in talks with US officials and may even launch a dollar-pegged token tailored for the domestic market only.
The following is a guest post and opinion of Anastasija Plotnikova, CEO and Co-Founder of Fideum. 2025 has been dubbed “the year of the stablecoin,” with stablecoins surging in popularity and gaining ground globally, especially under the new crypto-friendly U.S. administration.
The Securities and Exchange Commission (SEC) has officially taken a position on one of the most controversial issues in cryptocurrency regulation.
Stablecoins just hit $233B — but is a quiet power shift underway between USDT and USDC?
Paolo Ardoino, the CEO of Tether, has revealed that Tether is considering the introduction of a new U.S.-domiciled stablecoin as a solution to the impending regulatory legislation. With the growth and integration of the cryptocurrency industry, several jurisdictions around the world have begun creating stablecoin-specific regulations to control the effects on their financial systems.
Recently, the U.S. SEC made a major move that could reshape the stablecoin market. In one of its clearest statements yet, the agency said that some stablecoins now labeled “covered stablecoins” may not be considered securities, as long as they meet strict conditions.
The US Securities and Exchange Commission (SEC) has issued one of its most definitive statements yet on the regulatory treatment of stablecoins.
According to data available on DeFiLlama's fees page, which tracks fees across various DeFi protocols, there was a huge spike in fees on the Polymarket platform. The surge in fee generation could be attributed to a rise in user activity or transaction volume on the platform.
The stablecoin rivalry between Tether (USDT) and Circle (USDC) shows no signs of cooling down. In the latest exchange, Tether CEO Paolo Ardoino made headlines by stating that Tether doesnt need to go public, a remark interpreted as a subtle jab at Circle, which recently filed for an initial public offering with the U.S. SEC to list on the NYSE.
Tether pictures a long-term reality in which USDT is not offered in either the United States or Europe, Paolo Ardoino said Friday.
The agency also stated that those wishing to create and or redeem covered stablecoins will be able to do so with having to notify the SEC.
There are few things that are forever on the crypto market, but at least the battle between two major stablecoins USDT and USDC, and their issuing companies Tether and CIrcle, is here to stay for a while.
As Circle files for its IPO, what implications will this have for the broader stablecoin market? Can it challenge Tether's $160B dominance?
A growing number of officials in Ukraine are investing in cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) while the U.S. dollar-pegged stablecoin Tether (USDT) is the most popular store of value among the digital assets in their possession.
The new Ripple stablecoin's market cap has grown fivefold in less than a month as the company has secured key exchange listings.Data from CoinMarketCap indicates that nearly $300 million worth of Ripple USD (RLUSD) is circulating.