Yugocean Stablecoin

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Ethena's Meteoric Rise in DeFi: ENA Surges, USDe Climbs to Top Three

4 Aug 2025 1 minute read 0 comments Yugocean

Ethena and ENA Enters Big League      Ethena has now emerged as the sixth-largest DeFi protocol by total value locked (TVL), surpassing 9.47 billion. Its native token, ENA, has soared by 140% this week—an event that typically brings selling pressure—...

Genius Act Becomes Law in the US Following President Trump’s Signature

19 Jul 2025 1 minute read 5 comments Yugocean

Trump Enacts the Genius Act      US President Donald Trump has signed the Genius Act into law, aiming to establish clearer regulations for stablecoins. The presence of Tether CEO Paolo Ardoino and Circle CEO Jeremy Allaire at the signing suggests tha...

The stir over the GENIUS Stablecoins bill in the US has intensified

13 Jun 2025 1 minute read 0 comments Yugocean

Bill is ready for Vote      The GENIUS Stablecoins bill has received initial approval in the US Senate by a vote of 68-30. Now this bill will be presented for full Senate voting, this bill is aimed at establishing a regulatory framework for the stabl...

SBI Holdings, invests in Circle

10 Jun 2025 1 minute read 0 comments Yugocean

     Leading Japanese financial conglomerate SBI Holdings, along with its subsidiary SBI Shinsei Bank, has invested 50 million in Circle, the issuer of the USDC stablecoin. While this amount may not be substantial for an investment firm of SBI’s stat...

Stablecoin Market Cap is $250 billion

2 Jun 2025 1 minute read 1 comment Yugocean

     The total market capitalization of stablecoins has surpassed $250 billion, reaching a new all-time high. This growth underscores the increasing demand for stablecoins, which I think is due to providing a hedge against market volatility.   The Do...

Sony to accept USDC payments via cryptocom

2 Apr 2025 1 minute read 0 comments Yugocean

Sony + CryptoCom + USDC      Singapore-based Sony Electronics has made its first foray into direct cryptocurrency transactions for goods and services by partnering with Crypto.com. Consumers can now make payments in USDC through Sony's online store v...

Stablecoin Bill in USA: Infighting between lawmakers

1 Apr 2025 1 minute read 0 comments Yugocean

     We know that the will of the lawmakers is the law, and Stablecoin is enjoying the Infighting between lawmakers while they are trying to regulate stablecoins in the US.   Infighting      The Stablecoin Bill in the US is currently a topic of d...

Tether CEO Paolo Ardoino wants a full audit of Tether reserve

24 Mar 2025 1 minute read 3 comments Yugocean

     Tether, the firm that used to create a billion tokens out of thin air, is suddenly keen to have a full audit of its reserves. Let’s dig a little deeper:     Prepared for the audit      Tether CEO Paolo Ardoino has stated that obtaining a full au...

Anzen Finance's USDZ stablecoin depegged

12 Mar 2025 1 minute read 2 comments Yugocean

     Anzen Finance's USDZ stablecoin has recently experienced depegging, placing it on the list of unstable stablecoins. Let’s explore the reasons behind this:       Why did an encouraging project fall?      Anzen Finance allows users to stake and ea...

Trump for stablecoins to counter the de-dollarization

31 Jan 2025 1 minute read 4 comments Yugocean

     Trump is prepared to combat the escalating threat posed by de-dollarization. DYOR on this, and according to my research, Trump is battling this—of course, with the cryptoverse's assistance.    Trump for Dollar dominance via stablecoin      D...