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

At least half of U.S. states now outlaw devices that can convert pistols into machine guns. Alabama and New Mexico are the ...

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

What sets Sonic USD apart from other stablecoins is its unique algorithmic design that ensures its value remains stable over ...

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 ...

Sonic Labs has abandoned its plans to introduce a US dollar-pegged algorithmic stablecoin, following backlash from the crypto community.

The United Arab Emirates is set to issue its own blockchain-backed central banking digital currency (CBDC) by late 2025.

UAE to launch Digital Dirham by 2025, enhancing financial security, cross-border payments, and digital transactions with CBDC ...

The United Arab Emirates expects its digital dirham central bank digital currency to roll out in the fourth quarter of 2025.

The CBUAE has unveiled a new symbol for the UAE's national currency, the Dirham, along with the announcement of the Digital ...

Fidelity Investments is preparing to launch a US dollar-pegged stablecoin and an Ethereum-based share class for its US dollar ...