The South African rand, often seen as a bellwether for the emerging market currencies, has soared to the highest point since September last year. T...

The South African rand had a strong performance in August, even as the US implemented tariffs against the country. The USD/ZAR exchange rate tumble...

The South African government has drawn heavy criticism for its proposal to loosen its Black Economic Empowerment (BEE) laws to accommodate Elon Mus...

Sonic Labs has scrapped its initial plans to launch a US dollar-pegged algorithmic stablecoin, pivoting instead to develop a version tied to the Un...

Sonic Labs is ditching its algorithmic stablecoin in favor of a UAE dirham alternative, its co-founder, Andre Cronje, has confirmed. The platform h...

Sonic Labs and Yearn Finance co-founder Andre Cronje has hinted at launching a high-yield algorithmic stablecoin. In a post on X, he said the stabl...

Sonic is moving forward with the development of a high-yield algorithmic stablecoin, aiming to deliver up to 23% APR.

Tron founder Justin Sun has boldly heralded USDD as the only “true decentralized stablecoin” in the entire crypto sector. Sun has made several prom...

Do Kwon, the mastermind behind the TerraUSD and Luna disaster that obliterated $40 billion in crypto, is finally heading to the United States to fa...

Binance clarified that BFUSD isn’t a stablecoin amid comparisons to UST.