Browsing Tag
Stablecoin news
10 posts
FDIC Advances Rulemaking For GENIUS Act: New Framework For Stablecoin Issuers
The Federal Deposit Insurance Corporation (FDIC) has moved to translate the country’s first crypto bill for stablecoins, the…
Expert Forecasts $5 Trillions Pouring Into Crypto Post CLARITY Act Passage
Although final passage of the CLARITY Act—commonly referred to as the crypto market structure bill —has been delayed…
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…
