[Apr 8 12:53 PM] Rapidly expanding stablecoin supply shows that "fiat money is being moved into crypto at an accelerated pace," 10x Research's Markus Thielen said.
[Apr 4 12:37 PM] XRP has plenty of internet fans but Ripple has struggled to win real enterprise customers. Will its new stablecoin fill the gap and overshadow its existing token?
[Apr 4 10:38 AM] On Thursday, Paypal disclosed that users of Xoom now have the capability to utilize the company’s stablecoin PYUSD for conducting international cross-border transactions. Beginning on April 4, this feature was made accessible to users in the…
[Apr 4 8:33 AM] Blockchain solutions company Ripple has unveiled its strategy to launch a stablecoin pegged to the U.S. dollar, aiming to boost liquidity on the XRP Ledger. Ripple Set to Introduce U.S. Dollar-Linked Stablecoin, Aiming for Wider Crypto Adoption In…
[Apr 4 6:35 AM] Sweeping across the shores of Latin America comes a scheme from some of the most predatory figures in the venture capital ecosystem of the United States. It is a brazen attempt to assert foreign influence across Latin America and threatens to…
[Mar 31 8:09 AM] This month we have witnessed a continuous expansion in the stablecoin domain, eclipsing the $150 billion mark on March 20, 2024, with an infusion of an additional $1.4 billion into the arena since then. Leading the pack in supply growth for March…
[Mar 28 11:45 PM] Tether, one of the largest cryptocurrency-based companies, has announced a formal expansion into AI, looking to develop open-source models and setting standards in this new industry. For this task, Tether is opening a global recruitment for…
[Mar 28 7:34 PM] Celo, a low-fee, usability-focused blockchain network, has approved a proposal to allow transaction fees to be paid with stablecoins. Network users can now transact only by holding USDC in their wallets, abstracting the complexity of holding other…
[Mar 27 10:05 AM] We need to start thinking of blockchains as infrastructure for financial innovation rather than concentrating on the prices of a few digital assets, like bitcoin and ether, says WisdomTree’s digital of digital assets, Benjamin Dean.
[Mar 25 1:30 AM] Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: the Central Bank of Chile will keep experimenting with CBDC, Argentina’s VASPs will have to register…
[Mar 24 2:00 PM] According to February 2024’s latest inflation data, Turkey faces an inflation rate exceeding 67%, amid ongoing currency devaluation and a declining lira against the U.S. dollar. Recent findings suggest that in an effort to safeguard their…
[Mar 24 7:05 AM] Over the past week, the stablecoin trueusd (TUSD) experienced a notable decrease in its supply. As of March 19, 2024, the circulation was approximately 1.1 billion TUSD, which then plummeted to just 612 million. Supply Slash Sees TUSD Fall From Top…
[Mar 22 5:30 AM] The popular savings strategy of exchanging pesos for U.S. dollars in Argentina is being substituted by bitcoin investments, which have had better performance lately. Numbers from Lemon, a local cryptocurrency exchange, indicate bitcoin purchases…
[Mar 22 3:20 AM] Stablecoins have recently achieved a significant milestone, surpassing $150 billion in market capitalization, with daily trading volume reaching $122 billion. This achievement marks a notable resurgence and growth in the stablecoin sector, with…
[Mar 20 9:00 AM] The stablecoin sector achieved a significant milestone on March 20, 2024, hitting the $150 billion mark as the dollar-anchored market continues its expansion. In the last five days, the stablecoin sphere expanded by $980 million, breaking past the…
[Mar 15 10:00 AM] In the past 12 days, the stablecoin sector has experienced a growth of $4.95 billion, reaching a new 2024 high of $149.03 billion in market valuation. Among various dollar-tied tokens that have seen their supply numbers go up over the last 30 days…
[Mar 14 5:10 PM] Tether, the company behind the issuance of USDT, the largest stablecoin in the cryptocurrency market, announced that it helped the U.S. government to seize $1.4 million linked to an alleged fraud scheme. According to the Northern District of…
[Mar 11 2:40 PM] In the last day, the global trading volume has hit $203 billion, with stablecoins accounting for an impressive $133 billion of that total. Among the array of stablecoin assets tied to the U.S. dollar, Paypal’s PYUSD has emerged as a top ten…
[Mar 8 3:30 PM] Tether, one of the largest stablecoin companies, announced a collaboration with the government of Uzbekistan to develop cryptocurrency and communication projects. The memorandum of understanding (MoU) signed between the parties encompasses issuing…
[Mar 8 9:05 AM] According to the most recent figures, Ethena’s USDE now boasts an APY of 67.2%, positioning it among the top annual percentage rates within the realm of stablecoin decentralized finance (defi). Furthermore, the supply of this stablecoin has…
[Mar 8 8:30 AM] Statistics indicate that the first digital usd (FDUSD), a recently introduced fiat-pegged token launched in August 2023, has risen to become the fourth-largest stablecoin based on market capitalization. Currently, FDUSD holds the fourth position in…
[Mar 5 3:00 AM] The city of Hong Kong has detailed the advancement of new Web3 and digital yuan initiatives as part of its 2024-2025 budget. In a speech, Hong Kong Financial Secretary Paul Chan stated that the city would expedite a Web3 sandbox for stablecoins and…
[Mar 3 3:30 PM] The stablecoin sector experienced a $3.26 billion expansion within the last eight days, climbing from $140.82 billion to $144.08 billion by Sunday, March 3, 2024. During February, increases in supply were observed in four of the top five…
[Feb 28 6:30 AM] The Digital Euro Association (DEA) has entered into a partnership with the HBAR Foundation. This collaboration aims to bolster its comprehension of central bank digital currencies (CBDCs) and stablecoins. Although this partnership marks a…
[Feb 24 11:30 AM] In the opening fortnight of February, the stablecoin domain expanded by $1.7 billion, marking a significant rise. The value of the fiat token crypto market has once again risen witnessing an increase exceeding $2.5 billion over the past ten days…
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