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PortuguêsThe stablecoin market has undergone a shakeup as USD Coin (USDC) has overtaken USD Tether (USDT) on the Ethereum blockchain. USD Coin Supply On Ethereum Is Now More Than Tether…
Continue ReadingOn Saturday, January 15, 2022, the market capitalization of all the stablecoins in existence is $173 billion, which represents 7.93% of the $2.18 trillion crypto-economy. The market valuations of stablecoins…
Continue ReadingArk Invest’s latest foray into the crypto sector focuses on stablecoin issuer Circle, which announced plans to merge with SPAC Concord Acquisition Corp. Cathie Wood’s Ark Invest has reportedly purchased…
Continue ReadingAs crypto-assets grew immensely in value last year, the growth of the stablecoin economy swelled as well and today, there’s $170.24 billion worth of stablecoins in circulation. Data indicates that…
Continue ReadingThe price of bitcoin dropped below the $44K zone on Wednesday to $43,678 per unit as the entire crypto-economy has shed billions in value. At the time of writing, the…
Continue ReadingThis week the stablecoin giant tether reached a market capitalization of roughly $78.2 billion according to data. Over the last 30 days, tether’s market valuation grew by 5.6% and the…
Continue Reading2021 has been a bullish year for crypto assets. While prices have risen a great deal, the top ten and top twenty rankings in terms of market capitalization have also…
Continue ReadingWith three days left until the end of 2021, the Ethereum network and its native token ether have had a phenomenal year as ether has increased more than 450% in…
Continue ReadingSince December 8, the stablecoin economy has grown 3.59% in 17 days as numerous stablecoin market valuations have issued more fiat-pegged tokens this month. On Saturday, December 25, the stablecoin…
Continue ReadingUST, one of the stablecoins of the Terra project, has become the largest stablecoin by market capitalization today, after having surpassed its Ethereum-based rival, DAI. UST is now the largest…
Continue ReadingThe bullish setup also emerged as crypto custodian BitGo announced that it would add AVAX to its service portfolio. Avalanche (AVAX) strengthened its case for a potential upside run towards…
Continue ReadingUSDC, the second leading stablecoin by market cap, has been launched on the Avalanche blockchain as a native token. Previously, users wanting to get USDC in Avalanche had to bridge…
Continue ReadingYet another stablecoin philanthropy initiative launched by Circle during the past year. Circle, the company that created the USDC stablecoin, announced a partnership with public charity Endaoment to create a…
Continue ReadingAvalanche’s price witnessed a pretty decent rally during 2021 with over 3000% price appreciation over the year. In fact, in the first half of November itself, Avalanche witnessed a 130%…
Continue ReadingAs an increasing part of the bitcoin economy, stablecoins are collateralizing $7.21 billion of bitcoin futures open interest. The below is from a recent edition of the Deep Dive, Bitcoin…
Continue ReadingHe clarified that it’s mostly fiat money stablecoins that bear the brunt of this regulatory scrutiny. Stablecoins, or crypto assets which peg their value to less volatile fiat money, are…
Continue ReadingDuring the last week of November, the stablecoin economy had crossed the $150 billion mark for the first time with tether and usd coin dominating the pack. In a mere…
Continue ReadingWhile Tether [USDT] and USD Coin [USDC] are thought to be the go-to stablecoins in the crypto ecosystem, another coin wants to get to the top. On 30 November, the…
Continue ReadingA great number of digital currencies have swelled in value this year and as the end of 2021 approaches, the market capitalization of all 11,000+ crypto assets in existence is…
Continue ReadingU.S. Senator Sherrod Brown has sent letters to cryptocurrency exchanges and stablecoin issuers, including Coinbase, Gemini, Binance, and Tether, asking how they are protecting consumers and investors. “I have significant…
Continue ReadingThey say opposites attract, and this is certainly the case when it comes to stablecoins and regulatory scrutiny. Now, Tether [USDT] and Circle [USDC] are in the spotlight yet again…
Continue Reading111 days ago, the Ethereum network implemented the London hard fork upgrade which added a mechanism (EIP-1559) that changed Ethereum’s fee rate to a new scheme that makes the crypto…
Continue ReadingAfter reaching a market high of $69,000 on 10 November, Bitcoin registered a drop of 15% over the past 10 days. The valuation dropped under the $60,000 threshold and at…
Continue ReadingLeading crypto exchange Bitso has integrated a payment solution developed by Circle, one of the companies behind the stablecoin USD Coin (USDC). The integration will enable cross-border payments from Mexico…
Continue Reading“There’s a real recognition that as these payment stablecoins grow, they could grow at internet scale relatively quickly,” Circle CEO said. Issuers of stablecoins like Tether (USDT) and USD Coin…
Continue ReadingThe largest stablecoin by market capitalization, tether has announced the launch of tethers on the Avalanche blockchain protocol. The stablecoin tether has launched a myriad of blockchain networks and today…
Continue ReadingIn mid-October, the market capitalization of all the stablecoins in existence was $134 billion and during the last three weeks, the valuation has increased by 5.59% to $141.5 billion. While…
Continue ReadingIn mid-October, Bitcoin.com News reported on how decentralized finance (defi) or algorithmic stablecoins have seen significant demand in 2021. One particular stablecoin called OHM is quite different from the traditional…
Continue Reading87 days ago, the Ethereum network successfully implemented the London hard fork upgrade, and ever since then over 700,000 ether has been burned, or more than $2.4 billion using today’s…
Continue ReadingSolana has grown by a lot of late, both as an asset and as a blockchain. The network created ripples in the DeFi space when it entered the NFT market…
Continue ReadingRemittance payments are important aspects of economic development in countries with a significant migratory population. Cryptocurrencies and blockchain networks are increasingly being used as remittance channels by these people due…
Continue ReadingFlutterwave is teaming up Tempo Payments to use USDC on Stellar to target Africa’s enormous remittances market. The Stellar Development Foundation (SDF) has announced that it will facilitate a new…
Continue ReadingDuring the last month, four out of five of the top stablecoins by market capitalization saw their valuations swell in size. At the time of writing, there’s $135.4 billion in…
Continue ReadingCircle announced today the launch of its trademark stablecoin USDC on top of the Hedera network. This action is part of the multichain commitment that Circle announced earlier this year,…
Continue ReadingOn Wednesday, October 13, 2021, the market capitalization of all the stablecoins in existence is around $134 billion, which is 5.60% of the entire $2.4 trillion crypto economy. While centralized…
Continue ReadingMoneyGram International, Inc., one of the world’s largest money transfer services, is currently trending, especially within the crypto-community after a recent collaboration with the Stellar Foundation. International remittance service MoneyGram…
Continue ReadingStablecoins have been under a lot of regulatory scrutiny off late, largely due to unclarified laws around the world. In response to this upheaval, the Bank of International Settlements (BIS)…
Continue ReadingThe United States Securities and Exchange Commission [SEC] has been keenly watching not just stablecoins, but also high-interest crypto-products. In fact, back in September, the SEC also served a Wells…
Continue ReadingAs of September 25, 2021, there’s $129.3 billion worth of stablecoin assets in existence which represents 6.54% of the crypto economy. The second-largest stablecoin by market valuation, USDC, has seen…
Continue Reading“The stablecoins are acting almost like poker chips at the casino right now… We’ve got a lot of casinos here in the Wild West, and the poker chip is these…
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