US SEC approves the first yield-bearing stablecoin
The US SEC has approved YLDS, the first yield-bearing stablecoin, with 3.85% APR. YLDS trades 24/7 on Figure Markets and its APR is paid monthly in USD or YLDS. The…
Curve Finance launches scrvUSD, a decentralized yield-bearing stablecoin
Curve Finance launches yield-bearing stablecoin, Savings-crvUSD (scrvUSD). scrvUSD stabilizes borrowing rates and enhances DeFi composability. Curve has partnered with The Open Network to boost ecosystem integration and efficiency. Curve Finance,…
Paxos Issues New Yield-Bearing Legally Compliant Stablecoin
Paxos issued a new stablecoin, the Global Dollar (USDG), which is legally compliant with Singapore’s monetary laws. Unlike other legally compliant stablecoins, USDG will distribute a large portion of the…