![Ethena Labs Adds Bitcoin Backing to its Synthetic Dollar-pegged USDe Ethena Labs Adds Bitcoin Backing to its Synthetic Dollar-pegged USDe](https://cryptopotato.com/wp-content/uploads/2024/04/Ethena_Bitcoin.jpg)
Ethena Labs, the creators of USDe, have incorporated Bitcoin (BTC) as backing into their synthetic dollar-pegged offering. This move aims to scale USDe’s supply from its current $2 billion mark. BTC to Boost…
![Argentina’s province to issue US dollar-pegged stablecoin Argentina’s province to issue US dollar-pegged stablecoin](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=1200/https://s3.cointelegraph.com/uploads/2022-12/28fa752d-1de6-4cbf-8173-f20d054c8f20.jpg)
The province of San Luis in Argentina approved legislation allowing the issuance of its own stablecoin pegged to the United States dollar. The token, dubbed the “Activo Digital San Luis de Ahorro,” will…