Blackrock Joins Race to Issue New Stablecoin
Blackrock has announced its backing of a new stablecoin, UStb, launched by Ethena Labs. Supported by Blackrock’s BUIDL fund, UStb is designed to provide a reliable alternative in the stablecoin market, leveraging investm...
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Ethena Starts Backing USDe With Tokenized Stocks on Binance, Its First Equity Basis Venue
Ethena Labs will start backing its USDe synthetic dollar with tokenized U.S. stocks, naming Binance as the first venue for extendi...
Ethena expands USDe backing strategy into bStocks and equity perpetuals on Binance
Ethena is adding Binance bStocks and equity perpetuals to the basis trade used for USDe's backing strategy.
Ondo unlocks BlackRock portfolio strategies, but only non-US traders benefit
Ondo Finance launched three on-chain portfolio tokens on Sept. 24 using investment strategies BlackRock developed for the company....
Fed proposed stablecoin rule could trigger a 48-hour liquidation run
The Federal Reserve's proposed rules for the payment stablecoin issuers it supervises include a crisis clock measured in hours. An...
Binance deal gives Circle a boost in stablecoin race with Tether, analysts say
The five-year deal could strengthen USDC’s reach in emerging markets, though Tether’s liquidity advantage remains hard to dislodge...
Ondo Puts BlackRock-Designed Portfolios Into Single Onchain Tokens
Ondo has launched three tokenized portfolios based on investment strategies developed by BlackRock specifically for the platform....