Ethena Labs Adds Bitcoin Backing to its Synthetic Dollar-pegged USDe

Ethena Labs Adds Bitcoin Backing to its Synthetic Dollar-pegged USDe

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

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…

Argentina’s San Luis Set to Create Dollar-Pegged Stablecoin

Argentina’s San Luis Set to Create Dollar-Pegged Stablecoin

The Argentinian province of San Luis has passed a bill allowing it to issue a dollar-pegged stablecoin. The new law will also give local artists the chance to have their work minted as…

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