🔮Crypto firms are hustling to meet the demand for dollar-pegged digital assets! Tether's synthetic dollar backed by gold is the latest entrant, hot on the heels of Assymetry's afUSD. Ethena's USDe has already amassed over $3.4 billion in locked assets in just four months! 🚀

Meanwhile, tokenized U.S. Treasurys are growing in size, with BlackRock's BUIDL and Franklin Templeton's FOBXX holding over $820 million in assets combined.

In other news, Hashdex is seeking SEC approval for a combined Bitcoin and Ether ETF, while Coinbase is enabling early trading of yet-to-be-listed tokens.

Ripple's tussle with the SEC continues, with the latter suggesting a hefty $102.6 million penalty.

Finally, Uphold is set to delist six stablecoins due to new EU regulations.

Remember folks, despite the peaks and troughs, over $100 billion has been raised for crypto startups since 2014. The crypto train keeps chugging along! 🚂💨