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  • Sonic unveils high-yield algorithmic stablecoin, reigniting Terra-Luna ‘PTSD’ March 23, 2025
    The Sonic blockchain is working on the implementation of its yield-generating, algorithmic stablecoin despite fears over a potential collapse similar to the Terra-Luna meltdown that led to the industry’s longest crypto winter.Algorithmic stablecoins employ code-based mechanisms to ensure their price stability, as opposed to fiat stablecoins pegged directly to the value of the underlying currency.The […]
    Cointelegraph by Zoltan Vardai
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