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Stablecoin News

Spark Taps Into Stablecoin Fragmentation

Spark Taps Into Stablecoin Fragmentation

Spark wants to move liquidity between USDT, USDC, and PYUSD as stablecoins become more fragmented. Sky's DeFi protocol is targeting institutions and Uniswap v4.

Stablecoins are cryptocurrencies designed to maintain a stable value.

Stablecoins are usually pegged to a fiat currency such as the U.S. dollar or the euro. They are often used to move value quickly, trade, or temporarily step out of volatility.