Search
CBDCs will not impact private stablecoin market, says Tether CTO
10.3.2022
Tether CTO Paolo Ardoino claimed CBDCs would primarily replace the old-age payment systems and utilize private blockchain as a modern and cost-controlled tech infrastructure
Global Watchdog Points at Growing Force of Crypto with Another Usual Warning
16.2.2022
The Financial Stability Board (FSB), an international body that monitors and prepares recommendations about the global financial system, is increasingly ringing the alarm about crypto. The institution’s latest report claims that cryptoasset markets are rapidly evolving and could reach a point...
2 Gold-Backed Crypto Asset Market Caps Near $1 Billion, XAUT Jumps 19,000% in 23 Months
25.1.2022
While reserve-backed crypto assets and stablecoin market valuations increased a great deal during the last year, gold-backed cryptocurrencies have also seen their market caps swell. Between the tokens tether gold and pax gold, the market valuations of these two gold cryptos are nearing a billion...
IMF Economists: Crypto Is Not on the Fringe Anymore, Correlation with Stocks Poses Risks
12.1.2022
Tobias Adrian is the Financial Counsellor and Director of the International Monetary Fund (IMF)’s Monetary and Capital Markets Department; Tara Iyer is an economist in the Global Financial Stability Analysis Division of the same department; and Mahvash S. Qureshi is a division chief in that...
Expanding Crypto Market Caps by 500% to 1,300%: Stablecoin Issuance Saw Significant Growth Last Year
11.1.2022
As crypto-assets grew immensely in value last year, the growth of the stablecoin economy swelled as well and today, there’s $170.24 billion worth of stablecoins in circulation. Data indicates that over the last 12 months, a slew of stablecoin valuations grew exponentially. 12-Month Stats...
Terra Proposal Seeks to Expand UST Stablecoin to 5 Different Defi Protocols
10.1.2022
On January 6, Terra Research announced a proposal to expand the network’s stablecoin asset terrausd (UST) across a number of different protocols on Polygon, Ethereum, and Solana. Terra’s governance blog post discusses how the proposal to leverage $139 million of UST can bolster...
Stablecoin Economy Jumps 3.5% in 2 Weeks to $167 Billion, Fiat-Pegged Tokens Command Over 60% of Crypto Trades
25.12.2021
Since December 8, the stablecoin economy has grown 3.59% in 17 days as numerous stablecoin market valuations have issued more fiat-pegged tokens this month. On Saturday, December 25, the stablecoin economy’s $167 billion market valuation represents 6.68% of the entire $2.49 trillion crypto...
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...
Tether’s 1,500% Market Cap Increase in 500 Days — USDT Stablecoin Market Nears $70 Billion
10.9.2021
The stablecoin giant tether is by far the largest dollar-pegged crypto asset in the crypto economy and today, the number of tethers in circulation is nearing $70 billion. 90 days ago on June 12, 2021, the number of tethers in circulation was around 63 billion tokens and the supply has swelled...
Stablecoin market to hit $1T by 2025, Unstoppable Domains CEO predicts
5.8.2021
As an early crypto bull, Unstoppable Domains CEO Matthew Gould believes that Bitcoin won’t retest its all-time high of $64,000 for at least one year
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...
USDT, USDC, and BUSD represent 93% of stablecoin market cap
13.4.2021
The three largest stablecoins represent a combined capitalization of $60 billion
Coinflex Launches Noncustodial Interest-Bearing Stablecoin on BCH and ETH Networks
19.11.2020
The cryptocurrency exchange Coinflex has announced the launch of a unique interest-bearing stablecoin called Flexusd. The new stablecoin is considered to be the first dollar-backed crypto that pays interest at the base level. Moreover, the new token is built on the Ethereum blockchain and...
Market Wrap: Bitcoin Rebounds to $10.5K; Stablecoin Market Cap ‘Goes Parabolic’
2.10.2020
Bitcoin price has proved resilient in the face of bad news but traders expect crypto volatility ahead
Stablecoin market cap increases by $100M every single day
4.9.2020
‘DeFi yields and interest rates are clearly a vacuum sucking in a lot of stablecoins,’ says Coin Metrics’ Nic Carter
$7.6B Sitting in Stablecoins — Is This Bullish or Bearish for Bitcoin?
19.4.2020
$7.6 billion in stablecoins is currently sitting on the sidelines, but does this mean the crypto market is about to explode?
Stablecoin Market Caps Swell Over $7 Billion – Volumes Surpass Most Trading Pairs
31.3.2020
While most digital assets have been suffering, stablecoins have been surging since the market downturn in mid-March and tether (USDT) is capturing more than 70% of BTC trades today. Besides tether, a wide range of other dollar-pegged cryptocurrencies have also benefited this month, as the market...
PAX Streamlines Redemptions in Battle for Stablecoin Market Share
13.5.2019
Paxos is doubling down on a traditional approach to crypto custody and enabling instant stablecoin redemptions