Tron, an Ethereum competitor blockchain, is the latest to launch an algorithmic stablecoin inspired by the success of Terra’s UST. It has lofty goals for USDD, but Tron’s lackluster track record of luring people to use its blockchain raises doubts. Author: Krisztian Sandor

Lido Finance momentarily became the leading DeFi protocol by TVL on Wednesday, leapfrogging Curve. Author: Oliver Knight

The loan brings Argo’s debt to build out its 200 MW Helios facility in Texas to $97.2 million. Author: Eliza Gkritsi

Both Ryan, a Democrat, and Vance, a Republican, support cryptocurrencies. Author: Greg Ahlstrand

For the second consecutive day, Yuga Labs’ Otherdeeds NFT collection has seen the most volume in the last 24 hours, according to the blockchain analytics platform. Author: Sage D. Young