Browsing Tag
Stablecoins
444 posts
Crypto Market Still in Bull Cycle But There Are Worrying Signs: CryptoQuant
The crypto market is in the red amid significant bloodshed from bitcoin (BTC) and altcoins. There is currently…
Here’s How Much Stablecoin Transfer Volume Has Increased Over the Past 4 Years
According to Token Terminal data, the monthly stablecoin transfer volume surged to over $1.68 trillion in April, marking…
Tron’s USDT Triumphs: Daily Volume Climbs Above $53 Billion, Dwarfing Visa
USDT, Tether’s digital token pegged to traditional currencies, is leading a quiet revolution in the world of finance.…
Stablecoins Could Capture 10% of Global Economy in the Next Decade: Circle CEO
Circle CEO Jeremy Allaire has stated that stablecoins could account for 10% of “global economic money” within the…
Three reasons why the crypto market fell on Tuesday
An analyst cited by CryptoQuant theorized that a bottom was in play with the recent market-wide slump.
Tether’s ‘Genius Idea:’ Launching aUSDT, a Gold-Backed Stablecoin with Higher Profit Potential
On June 17, Tether CEO Paolo Ardoino announced aUSDT, a new synthetic dollar over-collateralized by XAUt, Tether’s gold-backed…
Major Ripple Advancements and Top XRP Price Forecasts as of Late
TL;DR Ripple plans to launch a stablecoin, Ripple USD (RLUSD), in 2024 on the XRP Ledger and Ethereum,…
BIS reveals almost every major central bank is interested in wholesale CBDCs
The Bank for International Settlements (BIS) said its recent survey of central banks revealed that 94% of them…
Paxos Reportedly Downsizes Workforce by 20%: Details
Stablecoin issuing company Paxos has laid off 20% of its workforce, decreasing its employee count by 65 individuals,…
Paxos cuts 20% of workforce amid strong financials due to ‘de-prioritizing adjacencies’
Stablecoin issuer Paxos downsized its workforce by 20% despite robust finances and optimistic growth projections in the stablecoin…
