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Stablecoin market cap rises to 2-year highs as dominance slides to 6%: CCData

[May 29 4:10 PM] After eight consecutive months of ascent, the stablecoin market capitalization has risen to a 24-month high of $161 billion in May.

Study Uncovers Surprising Data: 90% Of Stablecoin Transactions Not Driven By Human Users

[May 6 8:00 AM] In a recent report by Bloomberg, it has been revealed that more than 90% of stablecoin transaction volumes do not originate from genuine users, according to a new metric co-developed by Visa. Stablecoin Market Faces Data Reality Visa and Allium…

DeFi And Web3 Gaming Dominate Q1: Record Transactions Leave Stablecoins In The Dust, Report

[Apr 17 6:00 PM] In a recent report published by QuickNode, the first quarter of 2024 showed the dominance of decentralized finance (DeFi) and the notable growth of Web3 gaming in the crypto industry, which outperformed the stablecoin sector in key metrics…

Stablecoins Join The Crypto Bull Run With $140B Market Cap, Highest Since 2022

[Feb 27 6:30 PM] February has been an overall notable month for cryptocurrencies and the crypto industry. We’ve seen Bitcoin and Ether, the two largest cryptocurrencies by market capitalization, reach milestones not seen since the crypto winter started. The bull…

Stablecoin Cap Shows Early Sign Of Reversal, Why This Could Benefit Bitcoin

[Jun 29, 2023 6:00 AM] Data shows the stablecoin market cap has returned toward equilibrium and may be gearing up for a reversal. Here’s how Bitcoin could benefit from this. Aggregate Stablecoin Market Cap Change Has Returned To Equilibrium According to data from…

Data Shows Stablecoin War Heating Up Amid Regulatory Crackdown

[Feb 15, 2023 4:35 PM] The Securities Exchange Commission (SEC) continues to pursue its regulatory policy toward the crypto industry. In the process, the regulator contributed to the so-called stablecoin war, which intensified.  Paxos’ decision to stop minting new…