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Stablecoin issuer Circle launches business accounts for USDC transactions
23.2.2022
More businesses are expressing interest in accepting cryptocurrency payments and holding digital assets in their strategic reserves
Stablecoin Economy Grows Close to 10% Larger in 54 Days — GUSD, BUSD, USDC Issuance Jumps
22.2.2022
At the end of December 2021, the stablecoin economy’s market valuation was around $168.3 billion and since then, it has increased 9.92% to $185 billion in value. A number of stablecoins have issued more assets during the last seven days, as some of the top dollar-pegged coins have swelled...
Stablecoin Economy Continues to Balloon as USDC’s Market Cap Crosses $50 Billion
4.2.2022
As the entire lot of 12,333 digital currencies hovers just above $1.8 trillion in value, the stablecoin economy has recently swelled to $178.8 billion or 9.9% of the entire crypto economy. Out of the top five stablecoins, usd coin (USDC) saw its market capitalization jump the most, increasing 18.9%...
Whales Make Up More Than Half of Stablecoin Volume, Tether Losing Dominance
27.1.2022
Stablecoin “whale wallets” containing more than USD 1m controlled the lion’s share of stablecoin volume in 2021, despite the once-dominant Tether (USDT) increasingly being challenged by other stablecoins, according to on-chain analytics firm Nansen....
Read More: Whales Make Up More Than Half...
Stablecoin USDC’s ERC20 Issuance Surpasses USDT’s Total Supply on Ethereum
15.1.2022
On 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 tether and usd coin represent 71.84% of the entire stablecoin economy’s value. This...
Hong Kong begins discussions to introduce stablecoin regulatory framework
15.1.2022
The Hong Kong Monetary Authority shared a list of eight questions to seek policy-related recommendations citing five possible regulatory outcomes — no action, opt-in regime, risk-based regime, catch-all regime and blanket ban
Hong Kong Monetary Authority aims to oversee stablecoin reserves
12.1.2022
Hong Kong’s central bank is inviting global stablecoin operators to respond to its proposed rules
Tether’s Market Cap Nears $80B, USDT Represents 46% of the Stablecoin Economy
30.12.2021
This 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 stablecoin now represents 46% of the $168.3 billion stablecoin economy. Tether Market Cap is Less Than...
Kevin O'Leary says his crypto holdings could reach 20% of portfolio
30.12.2021
Clearer regulations around stablecoins could make crypto a more viable investment option, according to the Shark Tank star
USDC Sees Native Launch on Avalanche
17.12.2021
USDC, 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 it via Ethereum. Now, Circle, the issuer of usd coin (USDC), will allow users to mint the tokens directly...
$11 Billion Added to Stablecoin Economy in 10 Days, UST and OUSD Issuance Swells
8.12.2021
During 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 ten days, the stablecoin economy gathered another $11 billion in value with origin dollar and terra usd swelling significantly during...
House memo details Congress' priorities ahead of crypto CEO hearing
8.12.2021
The hearing on digital assets will involve discussions around four key aspects: crypto exchanges, stablecoin offerings, regulatory concerns in digital assets and federal regulatory responses
Largest Stablecoin by Market Cap Tether Launches on the Avalanche Network
10.11.2021
The 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 there’s more than 74.8 billion tethers in circulation today. Tether Launches...
5 Dollar-Pegged Tokens Command 94% of the Swelling $135 Billion Stablecoin Market Cap
24.10.2021
During 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 stablecoins but the top five collectively represent 94.40% of that total. While the largest stablecoin in terms...
Following Bitcoin’s all-time high, DeFi TVL hits a record high above $233B
21.10.2021
The total value locked in DeFi protocols soared to $233.8 billion as rising token prices and the increasing integration of stablecoins helped send the metric to a record high
Moneygram Partners With Stellar Development Foundation to Allow Users to Make Remittances With USD Coin
8.10.2021
Moneygram, one of the leaders in the cross-border payments and remittances market, has partnered with the Stellar Development Foundation to use the Stellar blockchain for settlements. The company will use the native version of USD coin (USDC), a popular stablecoin, to simplify and accelerate...
Six XRP Token Holders to Speak in Ripple-SEC Case as Circle Gets Subpoena
5.10.2021
blank" rel="noopener noreferrer" href="https://cryptonews.com/coins/usd-coin/">USD coin (USDC), with a subpoena.In the Ripple-SEC case, which revolves around the assertion that executives knowingly sold an unregistered security, XRP holders have been attempting to insert themselves into t
Chipper Cash Extends Peer-to-Peer Money Transfer Service to South Africa
27.9.2021
Chipper Cash, an African fintech start-up, has extended its peer-to-peer instant money service to South Africa. In addition to being able to use the remittance service, South African users will be able to buy, sell, and transfer cryptocurrencies like bitcoin, ethereum, and the USDC stablecoin....
USDC Market Capitalization Hits $30 Billion — Stablecoin Adds $10 Billion in 4 Months
25.9.2021
As 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 its capitalization increase a great deal, rising more than $10 billion in 125 days. Since...
Following SEC notice, Coinbase abandons plan for crypto lending program
20.9.2021
The exchange hinted at difficulties in regulatory clarity across the crypto industry in its decision to not bring its Lend product to the market