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    Stablecoins

    Aave Labs unveils plan to stabilize GHO with BlackRock’s BUIDL shares

    Aave Labs proposed an update to its GHO Stability Module (GSM) on Aug. 26, which involves using BlackRock’s tokenized fund BUIDL’s shares to help maintain the dollar peg of its stablecoin. According to the proposal,...

    DMM Crypto explores stablecoin launch under Japan’s regulations

    Japan’s DMM Group, along with its subsidiary DMM Crypto, is partnering with blockchain developer Progmat to explore the launch of a stablecoin under existing local regulations, according to an Aug. 23 statement. Initially, the stablecoin...

    MakerDAO unveils revamped stablecoin and governance tokens

    MakerDAO introduced new upgraded versions of its DAI stablecoin and the MKR governance token, called NewStable (NST) and NewGovToken (NGT), respectively. According to the Aug. 22 announcement, upgrading to the new tokens is optional,...

    Anchorage Digital launches reward program for PYUSD holders amid $1B milestone

    Anchorage Digital, a leading institutional-grade crypto platform, has launched a reward program for institutional investors holding PYUSD on its platform or in its self-custody wallet Porto, according to an Aug. 22 statement. The company announced...

    Tron founder Justin Sun predicts $4 billion revenue boost with meme strategy

    Tron founder Justin Sun believes the blockchain’s revenue could soar to $4 billion within the next year if its current meme strategy proves successful. In an Aug. 21 post on X, Sun projected that TRON’s...

    Emerging markets embrace stablecoins despite significant premiums

    Businesses and consumers in 17 emerging markets pay an average premium of 4.7% over the standard dollar price to access stablecoins, with the figure rising to 30% in countries like Argentina. The data was gathered...

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