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Stablecoin Market Grows by $1.3B in 5 Days as Tether Leads the Charge
23.8.2024
Over the past five days, the stablecoin market has continued its upward trend, increasing by $1.3 billion in value. The largest stablecoin network by market capitalization, tether (USDT), experienced an expansion of 820 million in supply during this period. Tether’s Supply Swells by 820M...
Stablecoin Market Expands: $2.21B Uptick in 8 Days Fueled by Tether’s Growth Spurt
18.8.2024
The stablecoin market has been picking up speed lately, and between Aug. 9 and Aug. 18, 2024, it expanded by $2.21 billion. During this period, Tether’s supply ballooned by an additional 1.26 billion USDT. Stablecoin Boom: $2.21B Growth Driven by Tether and PYUSD Between Aug. 9 and Aug....
Tron network leads in stablecoin market share amid growing monthly transfer volume
16.8.2024
Tron’s share of the stablecoin market continues to grow as the network’s adjusted transfer volume in USDT hit $384 billion in July
Tron network leads in stablecoin market share amid growing monthly transfer volume
16.8.2024
Tron’s share of the stablecoin market continues to grow as the network’s adjusted transfer volume in USDT hit $384 billion in July
Stablecoin Market Sees PYUSD Supply Swell While USDE Shrinks With Redemptions
6.8.2024
Over the past 12 days, the stablecoin economy has maintained a similar value, yet the supply of dollar-pegged crypto assets PYUSD and USDE has experienced notable shifts. Over the last 22 days, Paypal’s PYUSD supply increased by more than 70%, while Ethena’s USDE saw an 8.82% decrease...
Euro stablecoin market surges under MiCA
6.8.2024
French and Irish fintech companies have partnered to introduce a euro-backed stablecoin. The coin will launch on the Stellar blockchain a month after MiCA stablecoin laws were enacted
Stablecoin Market Expands by $1.52 Billion in 7 Days, Driven by USDT and USDC Growth
25.7.2024
The stablecoin economy is experiencing renewed growth. Over the past week, the market capitalization of all stablecoins increased by $1.52 billion. The growth over the past seven days was primarily driven by tether (USDT), the largest stablecoin by market valuation, with its supply expanding by...
Stablecoins Signal Crypto Ecosystem Buoyancy as Market Cap Jumps to $164B
25.7.2024
Renewed expansion in stablecoins is bullish for the broader crypto market
Stablecoin Market Expands by $344M in 7 Days, Led by Paypal’s PYUSD Growth
17.7.2024
While the stablecoin economy experienced tepid growth in June, it expanded by $344.15 million over the past seven days. Paypal’s PYUSD, currently the eighth largest stablecoin by market capitalization, led the growth over the past 30 days, increasing 41.2% to reach $585.25 million....
Stablecoin Market Remains Steady in June Amidst Crypto Volatility
30.6.2024
While June was a lackluster period for crypto assets as many experienced double-digit losses against the U.S. dollar, the stablecoin market also saw minimal growth over the past 30 days. Ethena’s USDE led the growth, with its supply increasing by 21.4% since May. Stablecoin Economy Shows...
Stablecoins to make up 10% of money in the next decade or so: Circle CEO
20.6.2024
Circle CEO Jeremy Allaire revealed four of the biggest reasons he’s “more optimistic” about crypto and stablecoins than ever before
Stablecoin market cap rises to 2-year highs as dominance slides to 6%: CCData
30.5.2024
After eight consecutive months of ascent, the stablecoin market capitalization has risen to a 24-month high of $161 billion in May
FDUSD Supply Shrinks by 29% Amid Stablecoin Supply Shifts
26.5.2024
The stablecoin market has experienced modest growth over the past two weeks, with valuations increasing by approximately $590 million. Among the top five U.S. dollar stablecoins, Ethena’s USDE saw the largest supply growth, rising 17.5%. In contrast, First Digital’s FDUSD experienced...
Stablecoin Market Faces Fresh Challenges with ‘Fourth-Gen Coins’ – South Korean Report
21.5.2024
South Korean analysts think new challenges await the “next generation” of stablecoins, as the industry continues to develop.
The post Stablecoin Market Faces Fresh Challenges with ‘Fourth-Gen Coins’ – South Korean Report appeared first on Cryptonews
Tether mints another $1B mint — Last time it helped Bitcoin climb to $73K
17.5.2024
Bitcoin flipped its old resistance into support as Tether’s market cap continues to grow rapidly in 2024
Stablecoin Market Stabilizes at $160 Billion; FDUSD and PYUSD Lead Growth
11.5.2024
Over the past 19 days, the stablecoin economy has stabilized with negligible growth after reaching the $160 billion threshold at April’s end. Out of the top five, FDUSD is currently the frontrunner in terms of 30-day growth, showing a 15.3% increase in supply. Stablecoin Valuation Holds...
Circle’s USDC Stablecoin Surpasses Tether’s USDT in Transaction Volume
29.4.2024
In the stablecoin market, Circle's USDC stablecoin made history by outpacing Tether's USDT in terms of transaction volume. This was based on information made public by Visa on April 29 as a result of their collaboration with Allium Labs.
The post Circle’s USDC Stablecoin Surpasses Tether’s USDT...
New US Senate Bill Could Encourage Banks to Enter Stablecoin Market: S&P Global
25.4.2024
According to global ratings firm S&P Global Ratings, a new bill focused on stablecoins introduced to the United States Senate has the potential to incentivize U.S. banks to enter the stablecoin market.
The post New US Senate Bill Could Encourage Banks to Enter Stablecoin Market: S&P Global...
Banks could flood into stablecoins if new bill passes: S&P Global
25.4.2024
The Lummis-GillibrandPayment Stablecoin Act introduced to the Senate could see big banks encouraged to take steps into the stablecoin market, says S&P Global Ratings
Stablecoin Market Hits $160 Billion, Reaching Heights Not Seen Since Terra’s Crash
22.4.2024
This week, the value of the fiat-pegged cryptocurrency economy has climbed to $160 billion, a peak last observed in May 2022, shortly before Terra’s UST detached from its intended $1 parity on May 9, 2022. In the past month, various stablecoins have experienced an increase in supply, with...