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  • Sonic Labs ditch algorithmic USD stablecoin for UAE dirham alternative March 29, 2025
    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 Andre Cronje said the company was working on a US dollar-pegged algorithmic stablecoin with an annual percentage rate (APR) of up to 23%, Cointelegraph reported.However, one week later, […]
    Cointelegraph by Zoltan Vardai
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