Ethena’s USDe Bitcoin collateral exceeds $500 million in a week

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Jury finds Do Kwon, Terraform Labs liable for multi-billion dollar fraud

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CEO Firestorm: Ripple Leader Lambasts Crypto News Site For ‘Embarrassing’ Content

A firestorm erupted in the cryptocurrency world this week after Ripple, the company behind the XRP token, announced its foray into stablecoins. The move sparked a public spat with Coindesk, a prominent cryptocurrency news outlet, raising questions about Ripple’s future and the fate of XRP.

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Experts worry Ethena’s Bitcoin-backing strategy for USDe could bring ‘contagion risks’

CryptoQuant CEO Ki Young Ju has voiced concerns about Ethena’s recent decision to incorporate Bitcoin as a backing asset for its USDe synthetic dollar.
On April 4, Ethena Labs revealed plans to onboard BTC as a backing asset for USDe to create a safer product for its users.

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Circle CEO praises Ripple for launching own stablecoin on XRP

Jeremy Allaire, the CEO of stablecoin issuer Circle, has welcomed Ripple’s entrance into the market.
Earlier today, crypto firm Ripple revealed plans to launch a stablecoin that would be 100% backed by US dollar deposits, government bonds, and cash equivalents.

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Solana’s stablecoin supply surges past $3 billion, USDC leads the charge

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VanEck to manage reserve fund for new Agora Dollar stablecoin venture after $12 million raise

Bitcoin exchange-traded fund (ETF) issuer VanEck is set to oversee the reserve fund for a new stablecoin venture called Agora Dollar (AUSD).
The stablecoin firm raised $12 million in a funding round led by crypto venture fund Dragonfly.

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Aave considers dropping DAI as collateral over contagion concerns from MakerDAO’s USDe move

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Tether becomes seventh largest Bitcoin holder with recent $618 million purchase

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Coinbase to store more of its $220 million USDC holdings on Base

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