StableCoin

The new stablecoin project USDe has quickly emerged in the stablecoin market, increasing its total supply from zero to over $2.3 billion in just two months. Its high yield features have garnered significant attention.

Fonbnk’s tokenization of airtime minutes and integration with mobile money services present an innovative model with the potential to expand financial services to underbanked populations in African markets.

According to Ethena Labs, "Ethena is a synthetic dollar protocol on Ethereum which aims to provide the first censorship resistant, scalable, onchain form of money: USDe". Ethena is the protocol in which the stablecoin USDe lives.

Liquity is a decentralized lending protocol that allows users to borrow a stablecoin called LUSD (pegged to the US dollar) using Ethereum as collateral. It also introduces a fully redeemable stablecoin, LQTY. The protocol, designed by Robert Lauko, aims to offer a more capital-efficient and lower-risk alternative to existing systems like MakerDAO.

Ethena.fi tokenises a ‘delta neutral’ carry trade on ETH by issuing a stablecoin which represents the value of the delta neutral position. Their stablecoin, USDe, also collects the carry yield - hence their claim, an internet bond providing internet native yield.

USDe is a fully collateralized semi-centralized stablecoin whose collateral value changes with variations in spot prices and futures position values. Ethena provides two methods: delivery contracts and perpetual contracts. The yields of the two methods are different, but both can obtain low-risk returns.

This article mainly introduces the liquid staking structure. This article mainly introduces the liquid staking structure.

A stablecoin is a cryptocurrency with a stable price, which is often pegged to a legal tender in the real world. Take USDT, currently the most commonly used stablecoin, for example, USDT is pegged to the US dollar, with 1 USDT = 1 USD.

USDT0 is an innovative stablecoin. In this article, we explain how it works, its key features, technical benefits, and compare it with the traditional USDT, as well as discuss the challenges it faces.

An analysis of the world's leading blockchain market makers, including the background and token holdings of institutions such as Wintermute, Jump Crypto, and Amber Group. This covers major cryptocurrencies, stablecoins, and popular project tokens, providing an in-depth look at how they drive liquidity and development in the crypto market.