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TRM Labs highlighted that Tron experienced the largest decline in volumes linked to illicit activity during 2024, with a reduction of $6 billion, almost halving the numbers registered in 2023.…
The largest stablecoin issuer has announced that it is relocating its business to the Bitcoin-friendly El Salvador after acquiring a Digital Asset Service Provider (DASP) license in the country. According…
Tether, the company behind USDT, has announced its imminent relocation to El Salvador after receiving a stablecoin issuer license. Paolo Ardoino, CEO of Tether, described this move as a natural…
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…
On Jan. 2, the T3 Financial Crime Unit (T3 FCU), a collaboration between Tether, Tron, and TRM Labs, announced that it had passed “a significant milestone in its fight against…
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…
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…
Tether, the largest stablecoin issuer, has added $700 million worth of Bitcoin to its reserves. This development comes as CEO Paolo Ardoino addresses the fear, uncertainty, and doubt (FUD) surrounding…
Tether is on track to end 2024 with over $10 billion in net profits with the company investing more than half of it this year. $10 Billion Net Profit for…
In 2024, euro-backed stablecoins emerged as a critical driver of growth in the European cryptocurrency market, bolstered by the implementation of the Markets in Crypto-Assets Regulation (MiCA). In fact, these…