We’re thrilled to announce some exciting news for our BabelFish aggregator users! Our team has been working hard to make updates that will enhance the user experience — make it easier and more efficient for you. Starting today, we’ve reduced the bridge fees for transferring stablecoins from Rootstock to Ethereum…

Stablecoins have become the bloodstream of DeFi, providing a stable alternative to the volatile fluctuations of other cryptocurrencies. But what if someone told you that stablecoins could be used for much more than just being held in a wallet as a form of savings or as an asset to use…

Exciting news for those looking to swap centralized fiat-backed stablecoins for Bitcoin-backed stablecoins! Sovryn’s Mynt hit the mainnet and has revolutionized the approach to decentralized stablecoins in relation to Bitcoin, providing a much-needed alternative to traditional assets. Currently, there are two Bitcoin-backed stablecoins available, both on Rootstock Blockchain — Dollar-on-Chain…

Brought to you by Hyde Well, it looks like we’ve got some more banking drama on our hands. Silvergate Bank, Silicon Valley Bank, and Signature Bank all hit the headlines recently with reports of trouble brewing. …

We are happy to share that deposits for USDC and DAI stablecoins on our aggregator are now available again, following a brief suspension due to the recent turmoil around Silicon Valley bank and stablecoin issuer Circle. …

The BabelFish Multisig signers have taken action in response to the current market situation affecting certain US banks and stablecoins, which have caused these stablecoins to lose their peg to the US dollar. …

The time has come and we are finally able to share the news with you. This is something we’ve all been waiting for! We hereby introduce the new BabelFish web app! It has been a joint effort between the BabelFish pre-incubation team and the current team, supported by Sovryn, who…

The amount of ZUSD in the BabelFish aggregator has reached ~92% of the total balance of stablecoins. The BabelFish governance multisig signers have decided to use the emergency deposit pause feature to temporarily pause ZUSD deposits. As with the RDOC deposit pause, this is another important step towards proper management…

Brought to you by Hyde The Western world has many supporters of Bitcoin. Despite the current market situation, the number of people who own at least 1 BTC has recently reached its ATH, and the same applies for those who own at least 0.1 BTC. …