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Stablecoin news
8 posts
Citigroup CEO Confirms Interest In Issuing A Proprietary Stablecoin—Reuters
American multinational investment bank Citigroup announced plans to potentially issue its stablecoin, as CEO Jane Fraser revealed during…
Circle Soars 168% In First Day Of Trading On NYSE Following Strong IPO
Shares of Circle Internet Group, the issuer of the market’s second-largest stablecoin, USDC, experienced a remarkable surge on…
Study Uncovers Surprising Data: 90% Of Stablecoin Transactions Not Driven By Human Users
In a recent report by Bloomberg, it has been revealed that more than 90% of stablecoin transaction volumes…
DeFi And Web3 Gaming Dominate Q1: Record Transactions Leave Stablecoins In The Dust, Report
In a recent report published by QuickNode, the first quarter of 2024 showed the dominance of decentralized finance…
Solana Unveils Token Extensions As SOL Bounces Back, Surging 5%
The Solana Foundation, a non-profit organization dedicated to decentralization, adoption, and security on the Solana network, has launched…
Stablecoin Takeover? Record Tether 71% Dominance Raises Questions About Crypto Future
Tether, the issuer of the ubiquitous USDT stablecoin, cemented its dominance in 2023, ballooning its market share to…
Cardano Climbs TVL Ranks: 198% Yearly Surge Puts Network Among Top 15
Cardano (ADA), a Proof-of-Stake (PoS) Layer-1 (L1) smart contract network launched in 2017, experienced a largely quiet Q3…
Bye Bye Birdie: Binance Begins Process Of Axing BUSD Stablecoin
Binance crypto exchange announced in late August that it is moving to end support for its beloved BUSD…
