Sonic Labs has scrapped its initial plans to launch a US dollar-pegged algorithmic stablecoin, pivoting to a version tied to ...
Sonic Labs is ditching its algorithmic stablecoin in favor of a UAE dirham alternative, its co-founder, Andre Cronje, has ...
Sonic Labs will launch a “mathematically-bound” UAE dirham stablecoin instead of a US dollar-based algorithmic stablecoin.
The United Arab Emirates expects its digital dirham central bank digital currency to roll out in the fourth quarter of 2025.