Ethena Labs Website Breach Affects USDe Stablecoin
by Ethena Labs, the issuer of the USDe stablecoin, has confirmed a security breach involving its website domain. Although the underlying USDe protocol remains intact, the …
Tag: Stablecoin
Dirham-Pegged Stablecoin Revealed
Executives from the Abu Dhabi-based companies Phoenix and Tether today announced the launch of a new Dirham-pegged stablecoin, marking a significant development in the blockchain …
HKMA Launches Regulatory Sandbox for Stablecoin Testing
The Hong Kong Monetary Authority (HKMA) has initiated a groundbreaking regulatory sandbox aimed at facilitating the testing of stablecoin operations. Launched in March, this initiative …
PayPal Unveils Privacy-Enhancing Feature for Stablecoin on Solana
Payments giant PayPal is making waves in the cryptocurrency space with the introduction of a novel feature for its PYUSD stablecoin. Launched recently on the …
Japanese Banking Giant Teams Up for Yen and Dollar Stablecoin Exploration
Japanese financial services giant Nomura Holdings and its digital asset subsidiary, Laser Digital, are joining forces with GMO Internet Group to delve into the issuance …