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The post Sonic Labs Drop USD Stablecoin Plan Amid US Regulations – Here’s Why! appeared first on Coinpedia Fintech News
Sonic Labs has suddenly dropped its plan to launch a USD-backed algorithmic stablecoin, shifting its focus to a UAE dirham-backed alternative. The decision comes as stablecoin regulations tighten in the US…
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Sonic Labs Drop USD Stablecoin Plan Amid US Regulations – Here’s Why!
Mustafa Mulla
20:19
The post Sonic Labs Drop USD Stablecoin Plan Amid US Regulations – Here’s Why! appeared first on Coinpedia Fintech News Sonic Labs has suddenly dropped its plan to launch a USD-backed algorithmic stablecoin, shifting its focus to a UAE dirham-backed alternative. The decision comes as stablecoin regulations tighten in the US…
