W

Yield-bearing stablecoin slowdown ends three-year run for crypto-native products

Business Management
Share
Yield-bearing stablecoin slowdown ends three-year run for crypto-native products

Yield-bearing stablecoin supply fell 15% in Q2 as sUSDe and sUSDS contracted, while Treasury-backed products including BUIDL, USYC and USDY continued to grow.

Yield-bearing stablecoin slowdown ends three-year run for crypto-native products

Yield-bearing stablecoin slowdown ends three-year run for crypto-native products


Source:Cointelegraph

DisclaimerPlease read market information rationally and stay aware of investment risks. All content on this site is for informational purposes only and does not constitute investment advice.

Related Reading

Municipal Securities Underwriters Pay a Total of $325,000 in Fines

The Securitiesand Exchange Commission announced today that NASD RegulationInc. censured and fined 21 securities firms for violationsof Rule G36 of the…

SEC CHAIRMAN ARTHUR LEVITT, IOWA OFFICIALS TO HOLD INVESTORS’ TOWN MEETING IN DES MOINES

On Friday, November 21, U.S.Securities and Exchange Commission Chairman Arthur Levitt, U.S.Representative Greg Ganske, and Craig Goettsch, Iowa’sSuperintendent…

Bitcoin activity, passports exposed after Revolut falls for fake government request

Passports, selfies and home addresses were also handed over after the digital bank treated a fraudulent request as legitimate, but no customer funds were lost.…

Robinhood CEO says companies shouldn't get veto over stock tokens in AMC feud

In a post on Friday, Vlad Tenev said securities issuers should control shareholder rights, but not separate products that track their publicly traded shares.…

Sourcehttps://cointelegraph.com/news/yield-bearing-stablecoins-lose-3-5-billion-q2