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Stablecoin Giant Tether Hits $100 Billion Market Cap Amidst Crypto Market’s Surge

As the cryptocurrency market swells to a valuation of $2.6 trillion, the leading stablecoin, tether, has achieved a market cap of $100 billion. Beginning from the start of 2024, tether…

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Stablecoin Issuer Circle Announces Discontinuation of USDC Support on Tron Blockchain

The U.S. financial technology firm Circle said on Feb. 21 that it will discontinue support for USDC on Tron blockchain. The move comes just a few months after Circle refuted…

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$14M Capital Infusion Catapults Ethena Labs’ Valuation; Stablecoin Ranks 9th Largest

On Friday, Ethena Labs, the creators of the stablecoin USDE, secured $14 million in funding from key investors. Following this recent influx of funds and a previous $6.5 million investment…

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Licenced Stablecoin on/off Ramp Yellow Card to Introduce USDC on Stellar Network

The African stablecoin on/off ramp, Yellow Card, is set to introduce the stablecoin USDC on the Stellar network. This partnership has the potential to transform global payments and accelerate the…

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