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Foresight News
Foresight News|Oct 16, 2025 12:16
[Euler Hints at Launching Synthetic Dollar Product Within Weeks] According to Foresight News, citing a report from BlockWorks, Euler plans to launch a synthetic dollar currency 'within weeks,' as mentioned in a recent interview on the Bell Curve podcast. The company stated that this move will enhance its DEX and lending business. The interview did not disclose the token code, collateral model, or pegging mechanism. Euler co-founder Michael Bentley described the new product as a 'USD synthetic token,' adding that Euler is now 'more than just a lending protocol' and is also a decentralized exchange (DEX). They believe that launching a synthetic token within Euler's stack can prevent 'value from flowing out of the system' and 'bring more value to token holders.'
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Timeline

Nov 15, 01:15This week's cryptocurrency and Web3 updates
Nov 14, 23:38Nillion migrates to Ethereum to launch version 2.0
Nov 14, 20:04Alibaba's global B2B marketplace plans to launch tokenized payments
Nov 14, 13:08Binance Futures launches SENTUSDT perpetual contract pre-market trading
Nov 14, 09:50Alibaba's Cross-Border Business Unit plans to launch an AI subscription service
Nov 14, 03:00MoonPay launches enterprise stablecoin suite
Nov 13, 19:02Canary Capital launches spot XRP ETF
Nov 13, 14:02RISE launches RISEx and MarketCore to build a global on-chain marketplace
Nov 13, 10:29Launch weekend promotion activities, Crock Dentist NFT and unlimited minting
Nov 13, 08:05SunX is about to launch perpetual contract trading for EUL and CLO.

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