Barely a week after hinting at launching an algorithmic USD stablecoin, Sonic Labs is shuttering its plans. Sonic Labs co-founder Andre Cronje revealed that incoming stablecoin regulation in the US contributes to the change of stance.
Sonic Labs To Abandon Plans For Algorithmic USD Stablecoin, Here’s Why
coingape.com
28 March 2025 21:57, UTC
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