120 stories mentioning it. Newest first.
USD1 launched in 2025 with a $2 billion debut and political backing, but has no operating history. Here's how it stacks up against USDC and USDT.
USDe pays double-digit yield by going long spot crypto and shorting the same coin's perpetual futures. It works — until funding flips negative.
Ethena's USDe pays yield through ETH perp funding rates, not bank deposits. The mechanism is clever but the trade has real failure modes that can collapse headline APY.
BFUSD, USD0, and USDF all pay yield but get it from very different places. Here is the structural breakdown of perp funding, RWA collateral, and synthetic dollars.
As Washington locks down stablecoins and bans a retail CBDC, MiCA forces smaller players out. The map of who clears dollars is being redrawn in real time.
USDC, DAI, and USDe all claim to be worth a dollar. The mechanism behind that promise, and the way it can break, is what separates them.
Ethena's USDe dollar posts double-digit yield by going long spot ETH and short ETH perps, but the trade depends on funding rates staying positive and counterparty solvency holding.
USDC and USDT face payment-stablecoin rules. BUIDL and OUSG look more like funds. The line between them is the fight.
USDT runs from the British Virgin Islands with quarterly attestations. USDC is a US-listed company with monthly attestations and a Big Four audit. Here is what each setup actually means.
USDC issuance, a $53B PayPal bid, and cross-border rules all arrived on the same day. The through-line isn’t CPI. It’s the rails.
In the US, swapping USDC for USDT is a taxable event, even though the price barely moved. Most DeFi users are not tracking these swaps correctly.
A $740B equity rout, a fresh hawkish dot plot, and a parade of hacks and taxes — yet the loudest names in the brief are still BTC and ETH. Today's split-screen tells you where attention and action diverge.
A 9-3 hawkish split, a stalled Clarity Act, and a near-record low July for Bitcoin ETFs reveal which jurisdictions are quietly eating US lunch.
The Clarity Act clears its ethics hurdle, BTC tops $66K, and the tape stops pretending this story is theoretical. A day when regulation finally felt like a tailwind.
BoA scales digital assets, Bitmine targets 5% of ETH, and long-term holders distribute into a stalled tape. The institutional tape tells one story.
Spot BTC slides under $63K on hawkish Fed dots, but exchange outflows and a 250M USDC mint tell a more nuanced story of positioning.
Open USD lands with BlackRock, Visa and Stripe behind it. Circle takes a 16% hit. Behind the launch, USDC mints and burns keep telling the real story.
Binance sheds a billion in USDC and USDT, ARB surges 19% on Robinhood Chain flow, and the protocol-health read of the day is a quiet rotation in.
Circle is regulated, but not in the way most users think. USDC sits under state money transmitter licenses, NYDFS, and a Cayman trust, with no FDIC backstop.
Ondo Finance tokenizes US Treasuries into USDY and OUSG, gated to verified investors. Here's how each product differs and what ONDO the token actually does.
Lina Haddad
Marco De Santis
Sofia Almeida
Ethan Brooks
Alex Morgan