Here is our pick of the 3 most important stablecoin stories during the week. Stablecoin innovation continues during Crypto winter! First, the bad news, Solana-based algorithmic stablecoin NIRV has become the latest stablecoin to fail after dropping 85% from its United States dollar peg following a hack on adaptive yield protocol Nirvana Finance on Wednesday. The […]
The post Stablecoin News for the week ending Wednesday 3rd August. first appeared on Daily Fintech.