Synthetix’s USD stablecoin has strayed from its dollar peg, dropping to $0.83, its lowest point in five years.

Russia is exploring the creation of its own stablecoins following the recent freeze of digital wallets linked to Russian entities, which held large amounts of the USDT USDT/USD stablecoin.

World Liberty Financial, the crypto venture backed by President Donald Trump, has launched a USD-pegged stablecoin. A stablecoin is a type of cryptocurrency that attempts to maintain a stable value by ...

Russia pushes for a ruble-pegged stablecoin after USDT freeze, aiming to reduce reliance on the US dollar in crypto trade.

Synthetix’s sUSD loses its peg, falling to $0.83. Experts warn of risks, but a $30M treasury could prevent a full collapse.

The BTC maximalist added: "Russia, China, and Iran are not going to accept a US dollar stablecoin. I predict they will counter the USD stablecoin with a Gold one. China and Russia have a combined ...

World Liberty Financial Inc. has discreetly introduced its USD1 stablecoin, marking a significant step in its decentralized finance ambitions.