According to Deribit, the exchange will include USDe in its cross-collateral pool as of early January 2025, pending regulatory approval.
Stablecoin news
The Labour government is reportedly readying crypto, stablecoin and crypto asset regulations as Europe pulls ahead and the US changes its crypto policies.
The record monthly stablecoin inflows could put Bitcoin’s price on track to top the record $100,000 mark.
The total market capitalization of the stablecoin sector has topped $174 billion as of November 2024 and continues to grow.
Sky is offering $500,000 in USDS rewards for early adopters and stablecoin liquidity providers.
Flare Network’s USDX stablecoin introduces treasury yields to DeFi, challenging established players like USDC in terms of economic utility.
Binance has clarified its forthcoming BFUSD asset is not a stablecoin as crypto users started freaking out over its promise of high yields.
Africa faces unique financial challenges, including limited access to traditional banking. Crypto and platforms like VALR offer a pathway to financial inclusion.
Now the protocol is working on a value accrual mechanism for ENA stakers.
According to stablecoin firm Tether, approximately $127 billion in Tether-USD tokens (USDt) are currently in circulation.