China faces several issues ranging from weak consumer spending after an early boost following the reversal of covid lockdown measures, deepening deflation in factory-gate prices, and housing and real estate problems. As such, markets have been expecting a strong monetary or fiscal response from Beijing.
Juiced USDS Yields Woo Solana Traders to Sky’s Stablecoin
The heady growth is about as preordained as anything could be in DeFi. Sky is spending $2 million a month...