Tag: stablecoin

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Cardano Sees Booming TVL and Stablecoin Value

The Cardano blockchain has experienced a significant surge in total value locked (TVL) and the value of its stablecoins, marking a milestone quarter...

Stablecoin Cap Soars As Bitcoin Wins $50,000

On-chain data shows the stablecoin supply has surged alongside Bitcoin’s latest break above $50,000, a sign that could be bullish for the market. Both...

Treasury Secretary Janet Yellen Says U.S. Needs Better Stablecoin Regulation

Yellen also addressed the U.S. Securities and Exchange Commission's proposal to further restrict how investment firms custody their client's assets, including their crypto...

Tether CEO bashes JPMorgan’s ‘hypocrisy’ amid stablecoin dominance concerns

Tether CEO Paolo Ardoino slammed Wall Street giant JPMorgan’s “hypocrisy” to raise concerns about the stablecoin issuer’s dominant position in the cryptocurrency market...

Stablecoin Market Report: In-Depth Analysis and Insights

Welcome to the monthly Stablecoin Report, where we delve into the dynamic landscape of stablecoins within the broader crypto market. While writing this...

Here’s How The Rising Stablecoin Supply Is Shaping Bitcoin’s Price Performance

Stablecoins are now emerging as a pivotal force, particularly influencing Bitcoin’s recent price movements. Data from the on-chain analytics firm Glassnode reveals a...

Stablecoin Issuer Circle To Launch USDC Natively on Top of Celo Blockchain

Stablecoin-issuer Circle says it’s bringing USDC to the Celo (CELO) blockchain, according to a new press release from The Celo Foundation. The Celo protocol...

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 Circle CEO Jeremy Allaire stating...

Is It True That Cardano Needs A “USD-Backed Stablecoin” Like USDT To Rally?

In a post on X, analyst Cardano Yoda believes that a USD-pegged stablecoin is crucial for ADA’s future success, suggesting that its integration could trigger...

Cantor CEO confirms Tether holds $86B in reserve to back its stablecoin USDT

Cantor Fitzgerald CEO Howard Lutnick told reporters that USDT issuer Tether does, in fact, have the billions of dollars it needs to meet...

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 share of the total crypto...