Tether to Launch USDT Stablecoin on Aptos Blockchain
Tether, the issuer of USDT, the largest dollar-pegged stablecoin in the crypto market, has announced the launch of its star product on Aptos, a scalable and rapid blockchain. Tether seeks…
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Stablecoin Market Expands: $2.21B Uptick in 8 Days Fueled by Tether’s Growth Spurt
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…
Paypal’s PYUSD Supply Swells by $140.9M in 10 Days, Becomes Sixth Largest Stablecoin
According to statistics, Paypal’s PYUSD stablecoin has surpassed Tron’s stablecoin USDD becoming the sixth largest dollar-pegged token by market capitalization. Over the past ten days, PYUSD’s supply has swelled by…
Stablecoin Economy Swells by $1.53B in 3 Days Amid Market Rebound
With a 5% upswing in the crypto economy over the past day, following a broad market recovery, the stablecoin economy has ballooned by $1.53 billion in just three days. A…
WALZ Meme Coin Skyrockets After Harris’s VP Pick – Now It’s on a Downward Spiral
Following Kamala Harris’s decision to select Minnesota Governor Tim Walz as her running mate, a new meme coin on the Solana blockchain emerged, named tem walz (WALZ). The token experienced…
Stablecoin Market Sees PYUSD Supply Swell While USDE Shrinks With Redemptions
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…
Study: Surge in Popularity of Liquid Restaking Token Protocols Driven by Growing User Trust
The surge in the total value locked and adoption of liquid restaking tokens increased from approximately $164.3 million in January to $13.812 billion by June 20, underscoring the growing trust…
Stablecoin Market Expands by $1.52 Billion in 7 Days, Driven by USDT and USDC Growth
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…
Bitcoin Continues to Dominate as Altcoin Season Index Score Plummets
In mid-July, the Altcoin Season Index (ASI) available on blockchaincenter.net began to rise, reaching a high of 46 and nearing the significant threshold of 75. Since then, however, the ASI…
Here Are This Week’s Best Performing Cryptocurrencies: Weekend Watch
As yet another week passes, we will examine some of the best-performing cryptocurrencies over the past seven days. It’s safe to say that the week has treated the markets well,…
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