118 stories mentioning it. Newest first.
USDe pays double-digit yield by going long spot crypto and shorting the same coin's perpetual futures. It works — until funding flips negative.
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.
USDY, OUSG, and USDC may all represent dollar value on-chain, but their yield, redemption, access, tax, and liquidity mechanics differ sharply.
Most retail holders cannot redeem stablecoins directly with the issuer. The dollar price works only above minimums, and the rules vary by token, jurisdiction, and bank partner.
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.
CLARITY Act momentum collides with an August deadline it likely cannot meet, while ETF flows, RWA tokenization and macro shocks tug the tape in opposite directions.
WLFI raised hundreds of millions in a presale promising governance over a treasury tied to USD1. Here is what the token actually does, and what it does not.
Bitcoin is wedged at $64K while ETF outflows, EU sanctions and a stalled CLARITY Act test just how patient institutional money really is.
Tokenized cash funds can promise redemption at par, but gates, fees, and suspensions can change access during stress. Learn the warning signs.
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.
A US-UK roadmap for stablecoins and tokenized assets, the CLARITY Act clock, and a banking lobby fightback reveal where the next adoption wave is actually being built.
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.
We rank 10 RWA tokens by verifiable on-chain AUM, issuer revenue, and protocol fees, not marketing TVL. Several 'RWA coins' mostly recycle stablecoins.
ONDO holders don't receive OUSG or USDY yield. The token gives governance rights while Ondo Finance keeps most fee revenue. Here's how the cashflow really flows.
Tokenized T-bills carry yield but settle slower and carry KYC baggage. USDT and USDC are faster and more flexible. Here is how to pick.
RWA listings now claim one in five CEX slots, ETF flows turn after eight weeks of bleeding, and a Hedera oracle exploit reminds the market what utility actually costs.
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.
Celsius commingled customer funds, then went bankrupt. Over a million users waited years to recover pennies on the dollar. Here is what tokenized-asset holders must learn from it.
Marketed as 24/7, most tokenized Treasuries actually settle T+1 with minimums and gates. Here's what BUIDL, OUSG, USDY, and USYC can and can't do.
Tokenized treasuries promise 1:1 cash redemption, but the reality involves $250k minimums, T+1 to T+3 settlement, and queues that can stretch over US holidays. Here is what actually happens.
Ethan Brooks
Alex Morgan
Marco De Santis
Lina Haddad