Auto Added by WPeMatico

Chainalysis: Stablecoins Emerge as the Cornerstone of Illicit Crypto Activity in 2024

Illicit cryptocurrency activity reached significant levels in 2024, with $40.9 billion directed to wallets linked to criminal activities, according to the latest report from Chainalysis. As blockchain systems continue to…

Continue ReadingChainalysis: Stablecoins Emerge as the Cornerstone of Illicit Crypto Activity in 2024

Ripple-Chainlink Stablecoin Partnership Doesn’t Stop XRP and LINK Sinking

US fintech firm Ripple and blockchain oracle provider Chainlink have partnered to accelerate the adoption of the cross-border payments firm’s stablecoin, Ripple USD. “Ripple has adopted the Chainlink standard to…

Continue ReadingRipple-Chainlink Stablecoin Partnership Doesn’t Stop XRP and LINK Sinking

MiCA Compliance Powers Ripple’s RLUSD to Over 33,000 Transactions in 6 Months

Ripple’s RLUSD stablecoin is rapidly gaining traction in the European crypto landscape. The MiCA-compliant token has greatly benefited from the strategic launch at a time when the bloc is undergoing…

Continue ReadingMiCA Compliance Powers Ripple’s RLUSD to Over 33,000 Transactions in 6 Months

Revenue-Sharing Stablecoins Poised for 10x Growth by 2025, Predicts Delphi Digital

Stablecoins have experienced tremendous growth last year. Their collective market cap recently hit a milestone of $200 billion. Beyond the popular ones such as Tether’s USDT and Circle’s USDC, industry…

Continue ReadingRevenue-Sharing Stablecoins Poised for 10x Growth by 2025, Predicts Delphi Digital

USDC Supply Surges 80% from 2023 Lows: Circulation Grows Across Solana, Ethereum Layer 2s

Circle’s USDC has experienced a significant resurgence as its total circulating supply surged by 80% from its 2023 lows. As revealed by Blockwork’s data analytics manager Dan Smith, the stablecoin’s…

Continue ReadingUSDC Supply Surges 80% from 2023 Lows: Circulation Grows Across Solana, Ethereum Layer 2s

Binance’s $31B Stablecoin Reserves Signal Strong Market Confidence Despite Bitcoin’s Lull

According to CryptoQuant’s latest data, Binance has reached a new milestone in its stablecoin reserves as it hit an all-time high of $31 billion recently. This marks a significant recovery…

Continue ReadingBinance’s $31B Stablecoin Reserves Signal Strong Market Confidence Despite Bitcoin’s Lull