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Elixir’s Yield-Bearing DEUSD Stablecoin Sees 12,071% Growth in 24 Hours
8.8.2024
Yield-bearing stablecoins are gaining traction, with the modular DPoS network Elixir recently introducing a new stablecoin, DEUSD, that offers holders the opportunity to earn returns from the crypto asset. Since Aug. 7, DEUSD’s market value has grown from $952,443 to $115.92 million....
Yield-bearing Treasury-backed stablecoin USDY launches on Aptos
31.7.2024
Stablecoin issuers are becoming some of the largest buyers of United States government debt at a time of increased de-dollarization
Paxos Lays Off 65 Employees Following Yield-Bearing Stablecoin Launch
16.6.2024
According to sources familiar with the matter, the stablecoin issuer Paxos is cutting 20% of its workforce. This development comes on the heels of Paxos International’s announcement of its yield-bearing stablecoin. Paxos Trims Workforce by 20% Bloomberg reports that Paxos has laid off...
Meet Midas: A New Yield-Bearing Stablecoin Investing in U.S. Treasuries
10.11.2023
The proposed stablecoin, which tokenizes ownership of Treasuries, mentions BlackRock, Circle, Fireblocks and Coinfirm as "institutional partners."