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Boston Fed President Says the ‘Exponential Growth’ of Stablecoins Could ‘Disrupt’ Money Markets
27.6.2021
Boston Federal Reserve president Eric Rosengren discussed stablecoins in a recent presentation on June 25. Rosengren stressed that stablecoins could be a “disruptor” to prime money market funds and the Boston Fed president remarked that the exponential growth of stablecoins...
Crypto Markets Lose Billions, Weak Hands Capitulate, Stablecoin Market Surpasses $100 Billion
23.5.2021
Digital currency markets have shed billions once again, as the entire crypto-economy has been cut down from well over $2 trillion to today’s $1.44 trillion market valuation. Bitcoin was coasting along just above the $38k handle before 9 p.m. (EST) yesterday evening but after that point...
Crypto Prices Consolidate, Analysts Blame Bitcoin Market Rout on ‘Overleveraged Positions’
21.5.2021
Digital currency markets have been consolidating after taking some heavy losses during the last few days. Billions of dollars have jumped back into the crypto economy on Thursday, as the overall market valuation of all coins in existence has jumped back to $1.75 trillion on Friday. Bitcoin...
Stablecoin Demand in 2021 Skyrockets, Fiat-Pegged Token Economy Nears $100 Billion
14.5.2021
While most cryptocurrency markets are down today in value, dollar-pegged stablecoins have seen significant demand during the last 24 hours. Currently, the entire market valuation of all the stablecoins in existence is roughly $96 billion. The Rise of Fiat-Pegged Stablecoins Crypto assets like...
Privacy-Centric Coins See Fresh Gains, Monero Captures All-Time Price High
9.5.2021
On May 7, the privacy-centric crypto asset monero captured an all-time high at $515 per unit, as demand for confidential transactions has increased in recent times. Monero has gained more than 190% during the last three months, while a number of other privacy coins like zcash, verge, horizen,...
Glassnode predicts BTC rally as stablecoin supply tags record highs
4.5.2021
Tether, USD Coin, Binance USD, and DAI are now worth more than $78 billion combined
Tether Market Cap Swells Past $50 Billion, USDT Stablecoin Gets Listed on Coinbase Pro
26.4.2021
The blockchain stablecoin issuer Tether Operations Limited has recently surpassed a $50 billion market valuation after seeing exponential growth during the last few years. Furthermore, the stablecoin tether has launched on the trading platform Coinbase Pro this week marking the San Francisco-based...
Bitcoin’s Market Dominance Slides to 50%, While Ethereum’s Valuation Climbs Higher
24.4.2021
Bitcoin dominance, the metric that measures bitcoin’s overall market capitalization against all the other crypto asset valuations has dropped considerably in recent weeks. At the end of February, bitcoin dominance levels started sliding downward from 61% to today’s 50%. Meanwhile, from...
Tether (USDT) on TRON Blockchain Exceeds Ethereum
16.4.2021
With the blockchain community surging worldwide, it’s about time it became a part of the mainstream market. The statement is proved well and true by USDT that managed to surpass Ethereum recently. Founded in 2017 by Justin Sun, TRON blockchain is now known as one of the biggest blockchain-based...
Jeremy Allaire: 'USDC is halfway to flipping PayPal'
7.4.2021
USDC has seen huge growth and is gaining fast on Tether, the king of the stablecoins
Polkadot’s Potential Gathers Momentum as Tether Joins the Ecosystem
6.4.2021
The largest stablecoin by market capitalization will be the first to enter the ecosystem as the Kusama canary network adds support for tether before the eventual deployments to parachains. Tether Inclusion Complements Polkadot’s Efforts to Attract More Defi Applications With cryptocurrency...
Tether’s stablecoin set to land on Polkadot and Kusama
6.4.2021
The launch of parachain shards on Polkadot will also mean the release of Tether on the network
Assurance Report Says Tether Stablecoins Are Fully Backed- Firm Exceeded Its Consolidated Liabilities
1.4.2021
The company behind the world’s largest stablecoin disclosed a report by aiming to show “transparency commitment” to clarify whether Tether’s reserves are fully backed or not. Tether Holdings Limited published its “Assurance Opinion” issued by an auditing firm...
USDT Transactions on Tron Surpassed Ethereum Tether Transactions Every Day in 2021
25.1.2021
During the last two months, tether transactions have spiked considerably. More recently, however, USDT transactions on the Tron network have outpaced the number of tether transfers on the Ethereum blockchain. Despite a whole lot more ERC20-based tethers in the wild, the minted stablecoin using...
Robbers Take $450K From a Tether Trader During an In-Person Transaction in Hong Kong — Second Incident in 2021
21.1.2021
Hong Kong police are investigating the second incident in the year involving an offline cryptocurrency transaction. A female trader is reportedly the latest victim of robbers who stole her HKD 3.5 million ($451,000) worth in tether (USDT) tokens. One of the Robbers Gained Female’s Trust...
Bahamas-Based Deltec Bank Holds a ‘Large’ Bitcoin Position
16.1.2021
Bahamas-based Deltec Bank & Trust said during a recent video review that it’s holding a “large position” in bitcoin. The information was given by their chief investment officer, Hugo Rogers. Deltec Executive Discusses Bitcoin Position According to the video uploaded to...
Ethereum layer-two network to offer batched Tether payments
11.1.2021
Hermez, an Ethereum scaling solution, has partnered with Tether to offer cheaper Tether transactions via zero-knowledge rollups
XRP Crash Burns Other Crypto Asset Values, BTC Price Remains Unscathed
23.12.2020
Digital currency markets have seen some volatile action this week and during the last 24 hours following the XRP charges, a number of coins shed a great deal of value. At the time of publication, the entire crypto-economy is valued at $629 billion and because XRP lost so much value, bitcoin’s...
Tether's market cap is growing at a near-record pace
28.11.2020
The market cap of USDT swelled by 1 billion over nine days
Privacy should be at the core of CBDCs, says Boston Fed research director
13.11.2020
Privacy should be a key talking point from the beginning of CBDC development