“There’s a real recognition that as these payment stablecoins grow, they could grow at internet scale relatively quickly,” Circle CEO said. Issuers of stablecoins like Tether (USDT) and USD Coin (USDC) may soon be required […]
The largest stablecoin by market capitalization, tether has announced the launch of tethers on the Avalanche blockchain protocol. The stablecoin tether has launched a myriad of blockchain networks and today there’s more than 74.8 billion […]
In mid-October, the market capitalization of all the stablecoins in existence was $134 billion and during the last three weeks, the valuation has increased by 5.59% to $141.5 billion. While terrausd’s market cap jumped by […]
In mid-October, Bitcoin.com News reported on how decentralized finance (defi) or algorithmic stablecoins have seen significant demand in 2021. One particular stablecoin called OHM is quite different from the traditional reserve currency defi protocols today, […]
87 days ago, the Ethereum network successfully implemented the London hard fork upgrade, and ever since then over 700,000 ether has been burned, or more than $2.4 billion using today’s exchange rates. 702,886 Ethereum Burned […]
Flutterwave is teaming up Tempo Payments to use USDC on Stellar to target Africa’s enormous remittances market. The Stellar Development Foundation (SDF) has announced that it will facilitate a new remittance channel between Europe and […]
During the last month, four out of five of the top stablecoins by market capitalization saw their valuations swell in size. At the time of writing, there’s $135.4 billion in stablecoins but the top five […]
Circle announced today the launch of its trademark stablecoin USDC on top of the Hedera network. This action is part of the multichain commitment that Circle announced earlier this year, with the objective of further […]
On Wednesday, October 13, 2021, the market capitalization of all the stablecoins in existence is around $134 billion, which is 5.60% of the entire $2.4 trillion crypto economy. While centralized stablecoin projects dominate the pack […]
Moneygram, one of the leaders in the cross-border payments and remittances market, has partnered with the Stellar Development Foundation to use the Stellar blockchain for settlements. The company will use the native version of USD […]
Circle has published filings revealing it is cooperating with a subpoena from the SEC that it received in July. Circle, the company behind the world’s second-largest stablecoin USD Coin, has been subpoenaed by the U.S. […]
As of September 25, 2021, there’s $129.3 billion worth of stablecoin assets in existence which represents 6.54% of the crypto economy. The second-largest stablecoin by market valuation, USDC, has seen its capitalization increase a great […]
Recently Bitcoin.com News covered the stablecoin tether and how the crypto asset’s market valuation jumped more than 1,500% in just over 500 days. In addition to this exponential increase, the decentralized stablecoin DAI’s market capitalization […]
While Tether’s dominance has fallen from 76% to 56%, USDC and BUSD have surged from 13.7% and 3.40% to 23.9% and 10.4% respectively. The U.S. Treasury Department is reportedly preparing a review highlighting challenges posed […]
As onlookers predict that top Chinese property developer and commercial paper issuer Evergrande will default, some analysts believe the firm poses systemic risks to crypto. Amid speculation as to whether China’s second-largest property developer, Evergrande […]
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