USD-Pegged Stablecoins

Sonic Labs ditch algorithmic USD stablecoin for UAE dirham alternative

Sonic Labs has canceled plans to launch a US dollar-pegged algorithmic stablecoin, opting instead to develop a United Arab Emirates dirham-denominated alternative.

Mar 29, 2025 - 11:40
Sonic Labs ditch algorithmic USD stablecoin for UAE dirham alternative
StablecoinSonic Labs has canceled plans to launch a US dollar-pegged algorithmic stablecoin, opting instead to develop a United Arab Emirates dirham-denominated alternative.
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