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Major industry figures, such as Chris Dixon and Brian Armstrong, have publicly backed the bipartisan Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act. This endorsement comes ahead of…
The latest CryptoQuant Weekly Report reveals that stablecoin liquidity has reached a new high of $220 billion. This surge is due to the expanding market caps of Tether (USDT) and…
With the growth of the cryptocurrency and digital asset economy has come the expansion of the stablecoin market in the United States and abroad, stated the US Treasury in a…
Donald Trump’s World Liberty Financial (WLFI) has announced that its newly launched stablecoin, USD1, will be the settlement currency for a $2 billion investment by Abu Dhabi-based MGX into Binance.…
A new report by blockchain compliance firm Bitrace has revealed that $649 billion in stablecoin transactions passed through high-risk addresses in 2024. The figure accounts for slightly more than 5%…
On April 28, Mastercard announced a partnership with the OKX crypto exchange and Canadian payments processor Nuvei, which will “unlock a 360-degree approach where consumers can spend stablecoins and merchants…
Over two months of market correction may finally be coming to an end as Bitcoin’s on-chain metrics begin to flash positive signals again. According to a weekly report by the…
What are gold-backed stablecoins, and how do they work? Gold-backed stablecoins are digital currencies pegged to physical gold reserves and designed to maintain a stable value. The concept of gold-backed…
While market volatility pressures Bitcoin mining firms to liquidate assets for survival, Tether is charting a different course. In fact, the stablecoin giant has significantly deepened its involvement in the…
The algorithmic stablecoin sUSD, a cornerstone of the Synthetix ecosystem, has spiraled into its deepest depeg in years, tumbling below $0.7 amid mounting concerns over its collateral mechanism and liquidity…