6 / 24 Relevant items tagged with #Stablecoins

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As Bitcoin Supply Tightens, Could A Breakout Be On The Horizon?

[Sep 12, 2024 6:30 PM] Recent changes in the behavior of Bitcoin on the market suggest the coin could be preparing for its next significant bull run. One important consideration is the fall in Bitcoin reserves on exchanges. Less of Bitcoin is accessible for trading as…

USDE Drops to 5th Place Among Stablecoins as FDUSD Jumps Ahead

[Sep 3, 2024 12:30 AM] Current stablecoin metrics show that USDE, the popular yield-bearing stablecoin, has slipped to fifth place among the top U.S. dollar-pegged tokens by market capitalization. Over the past three days, Ethena’s USDE supply has decreased by 130…

Bitso Report Shows Argentines Leading Stablecoin Adoption in Latam

[Aug 30, 2024 10:10 PM] A recent report by Bitso, one of the largest crypto exchanges in Latin America, found that Argentines were especially inclined to use and purchase stablecoins over other cryptocurrencies. Six out of every ten cryptocurrency purchases in Argentina…

Bank of Russia Eyes Stablecoins for Cross-Border Transactions

[Aug 27, 2024 11:20 AM] The Bank of Russia is exploring the use of stablecoins in cross-border transactions, considering them as digital financial assets (DFAs) under existing regulations if they have a responsible entity. The initiative may involve a limited group of…

Bitcoin Recovers To $61,000, Here Are The Possible Reasons

[Aug 20, 2024 9:30 PM] Bitcoin has made a recovery back towards the $61,000 level during the past day. Here are the factors that could be behind this surge. Bitcoin Has Made Some Recovery During The Last 24 Hours After showing lackluster price action under $60,000 during…