$S is up 23.9% this week. Here's why: 🟢 Sonic launched its $USSD stablecoin backed by US Treasury assets. 🟢 Binance Earn disclosed a total of 76M $S staked. 🟢 Sonic burn tracker just went live.

INSIGHT: Sonic Labs's new stablecoin $USSD hits $600K market cap two days after its launch. The stablecoin is backed by U.S. Treasury bills from BlackRock, Superstate, and WisdomTree.