Tag: USDs

19 of 51 FX strategists concerned about the USD’s safe-haven status

19 of 51 FX strategists concerned about the USD’s safe-haven status

19 of 51 FX strategists polled by Reuters noted that they are concerned about the US Dollar's (USD) status as a safe-haven."Asked [...]
Juiced USDS Yields Woo Solana Traders to Sky’s Stablecoin

Juiced USDS Yields Woo Solana Traders to Sky’s Stablecoin

The heady growth is about as preordained as anything could be in DeFi. Sky is spending $2 million a month to incentivize traders that swap into USDS a [...]
Ethena (ENA) Picks BlackRock’s BUIDL, Mountain, Superstate and Sky’s USDS for Tokenized RWA Investment

Ethena (ENA) Picks BlackRock’s BUIDL, Mountain, Superstate and Sky’s USDS for Tokenized RWA Investment

The decision comes after Ethena laid out plans in July to invest its Reserve Fund in RWA-backed products. Some 25 issuers applied for allocation, and [...]
BitGo to Enter Stablecoin Market With Reward-Bearing USDS Coin

BitGo to Enter Stablecoin Market With Reward-Bearing USDS Coin

"The main reason for launching USDS is that, while existing stablecoins serve a good function, we see an opportunity to create a more open and fair sy [...]
Maker, Now Rebranded to Sky, Draws Ire From DeFi Community on Controversial DAI Stablecoin Change

Maker, Now Rebranded to Sky, Draws Ire From DeFi Community on Controversial DAI Stablecoin Change

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.CoinDesk is an award-winning medi [...]
Crypto Lending Giant MakerDAO Renames to Sky with New USDS Stablecoin and Governance Token

Crypto Lending Giant MakerDAO Renames to Sky with New USDS Stablecoin and Governance Token

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.CoinDesk is an award-winning medi [...]
Credit Agricole: Unraveling the reasons behind the USD’s recent underperformance

Credit Agricole: Unraveling the reasons behind the USD’s recent underperformance

DXY dailySynopsis: Despite its historical strength and the 'USD smile' framework, the USD's recent subdued performance has left market observers quest [...]
Gold’s Upward Trajectory Amidst USD’s Correction and Geopolitical Tensions

Gold’s Upward Trajectory Amidst USD’s Correction and Geopolitical Tensions

In the early trading hours of the Asian market on Wednesday, the gold price (XAU/USD) maintained its ascendancy, hovering around the $1,925 mark. This [...]
Difficult the USD’s Hegemony, Championing CBDC and Past

Difficult the USD’s Hegemony, Championing CBDC and Past

In 2008, a momentous event came about with the discharge of the Bitcoin (BTC) white paper. With writer Satoshi Nakamoto explicitly calling for the [...]
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