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Mon. Mar 31st, 2025 1:54:03 AM

Sonic Labs ditch algorithmic USD stablecoin for UAE dirham alternative

March 29, 2025 musharofkhan

Sonic Labs has canceled plans to launch a US dollar-pegged algorithmic stablecoin, opting instead to develop a United Arab Emirates dirham-denominated alternative. On March 22, Sonic Labs co-founder Andre Cronje…

Cryptocurrency

Sonic unveils high-yield algorithmic stablecoin, reigniting Terra-Luna ‘PTSD’

March 23, 2025 musharofkhan

The Sonic blockchain is working on the implementation of its yield-generating, algorithmic stablecoin despite fears over a potential collapse similar to the Terra-Luna meltdown that led to the industry’s longest…

Tag: algorithmic

Sonic Labs ditch algorithmic USD stablecoin for UAE dirham alternative

Sonic unveils high-yield algorithmic stablecoin, reigniting Terra-Luna ‘PTSD’

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