Browsing Tag
Stablecoins
419 posts
Bitcoin Rally Still Has Some Legs Left, Santiment Explains Why
The analytics firm Santiment has explained that the current Bitcoin rally could still have some legs left, based…
What happened to PayPal stablecoin PYUSD after last year’s launch?
PayPal’s entrance into the stablecoin market on Aug. 7, 2023, was welcomed by many in the industry, with…
Here’s How 2024 Will be Pivotal for Bitcoin in the Stablecoin Arena: CoinShares
The emergence of Bitcoin-based stablecoins could make 2024 a pivotal year for the leading digital network, according to…
Morgan Stanley Warns ‘Paradigm Shift’ in Crypto Could Impact US Dollar Leadership
In a recent publication, Morgan Stanley’s Head of Digital Assets, Andrew Peel, has cautioned about a potential “paradigm…
Solana Stablecoin Volume Reaches Record High Of $300 Billion In January
According to the latest on-chain data, the Layer-1 network Solana has hit a significant milestone in terms of…
USDC Wallet Growth Soars 59% Despite Headwinds: Circle
Increasing interest rates, regulatory actions, financial insolvencies, and instances of fraud have significantly contributed to shrinking the overall…
Tether’s Bitcoin wallet swells to 66,400 BTC, tallying up unrealized gains of over $1B
Tether has significantly increased its Bitcoin holdings, now comprising more than 66,000 BTC, with an estimated value exceeding…
TrueUSD attributes Binance Launchpool activities to recent stablecoin price deviation
Embattled TrueUSD (TUSD) stablecoin attributed the asset’s recent price deviations from the $1 peg to the “community mining…
Stablecoin Dominance Wanes as Overall Value Rises: Binance Research
The overall market value of cryptocurrencies has increased, leading to a decline in the dominance of stablecoins. Their…
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…