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Stablecoin Supply Expands by $5B Since U.S. Election as Investors Pile Into Crypto
12.11.2024
Stablecoin exchange balances grew to a yearly high of $41 billion this week, providing dry powder to buy digital assets, one analyst noted
Tether’s Post-Election Minting Frenzy: Trump Transition’s Lutnick Stands by Stablecoin Giant
12.11.2024
Since the U.S. election, Tether has been on a minting spree, increasing its market cap by over $4…
Polygon’s AggLayer adopts Agora’s AUSD as native currency
11.11.2024
AUSD now powers AggLayer on Polygon, optimizing crosschain liquidity and eliminating token bridges
10 Months With Tether: USDT Supply Swells to $123 Billion, Leaving Rivals in the Shadows
10.11.2024
It has been over ten months, and through 2024, tether (USDT), the leading stablecoin by market value, has expanded its supply by 34.27%. Tether’s USDT Expands by 34% in 2024 Over the past year, USDT’s supply climbed by 34.27%, rising from $91.73 billion to $123.17 billion. Tether...
Trump Declared 47th US President, JPMorgan CEO Claims World War III Has Begun, and More — Week in Review
10.11.2024
Trump declared 47th US president, JPMorgan CEO claims World War III has begun, Global Dollar Network launches, and more in this Week in Review. Week in Review Donald Trump has been declared the 47th U.S. president. JPMorgan CEO Jamie Dimon warns that World War III may have started, citing...
Stablecoin Giant Tether Enters Oil Trade by Financing $45M Middle Eastern Crude Deal
8.11.2024
The USDT issuer is expanding in trade finance, seeking to carve out a niche in the $10 trillion ecosystem
Tether expands into oil trading with $45M transaction
8.11.2024
Completed in October 2024, the deal facilitated the transport of 670,000 barrels of crude oil and marked Tether’s entry into the commodity trading market
$9.3B stablecoin exchange inflows have traders bracing higher Bitcoin prices
8.11.2024
Stablecoin inflows to exchanges spike and Bitcoin price hits a new all-time just below $77,000 as investors prepare for a new crypto era under Trump’s presidency
Layer 1 Flare and Red Date Technology Set to Trial Stablecoin Buying for Chinese Nationals in Hong Kong
8.11.2024
The trials will allow for anonymous registration on a regulated stablecoin app and the purchase of tokenized financial products for mainland Chinese in Hong Kong
Ripple in the UAE, XRP’s Role in Dirham Stablecoin Expansion
8.11.2024
The global stabelcoin market is on the rise and is projected to reach $3 trillion in the next…
Ripple Resumes RLUSD Movement, Stablecoin Launch Soon?
7.11.2024
Ripple’s RLUSD token, a new stablecoin pegged to the U.S. dollar, has witnessed significant on-chain movement ahead of…
Tether to Perform $2 Billion USDT Chain Swap to Ethereum
7.11.2024
Tether will transfer a portion of its USDT cold wallets from other blockchains to USDT on Ethereum via a chain swap. The overall supply of USDT will remain unchanged. Tether to Allow Traders to Utilize USDT Across Blockchains A chain swap is a procedure used to transfer cryptocurrency between...
Avalanche buys back $53M in AVAX tokens from Terra’s LFG
7.11.2024
The AVAX tokens were purchased for $100 million a month before the infamous Terra Luna collapse.
Avalanche buys back $53M of AVAX tokens from Terra’s LFG
7.11.2024
The AVAX tokens were purchased for $100 million a month before the infamous Terra Luna collapse.
Tether swaps more than 2 billion USDT to the Ethereum network
6.11.2024
The vast majority of Tether's USDT volume exists on the Tron network due to comparatively lower fees and faster transaction finality.
Tether swaps more than 2 billion USDT to the Ethereum network
6.11.2024
The vast majority of Tether's USDt volume exists on the Tron network due to comparatively lower fees and faster transaction finality.
Latam Insights Encore: Brazil’s Stablecoin Remittance Tax Is Doomed From the Start
5.11.2024
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we examine how the Central Bank of Brazil has proposed a tax on the use of stablecoins for making remittances and how this might drive retail users away...
Paxos & Other Crypto Giants Launch Global Dollar(USDG) to Boost Stablecoin Use
5.11.2024
Today, a group of crypto leaders unveiled the Global Dollar Network, an open network designed to boost global…
Robinhood, Kraken, Paxos launch Global Dollar stablecoin network
5.11.2024
A swathe of major firms from traditional finance have partnered to launch the Global Dollar Network, a regulation-compliant network designed to accelerate the adoption of stablecoins.
New Global Dollar Stablecoin Backed by Robinhood, Kraken, Paxos and Other Crypto Heavies
4.11.2024
The Global Dollar Network, whose participants will earn yield for helping foster adoption of USDG, also includes Anchorage Digital, Bullish, Galaxy Digital and Nuvei