Auto Added by WPeMatico

Stablecoin Sector Expands by $4.95B in 12 Days, USDE Sees 376% Supply Increase, Tether Hits $103B

In the past 12 days, the stablecoin sector has experienced a growth of $4.95 billion, reaching a new 2024 high of $149.03 billion in market valuation. Among various dollar-tied tokens…

Continue ReadingStablecoin Sector Expands by $4.95B in 12 Days, USDE Sees 376% Supply Increase, Tether Hits $103B

Tether Assists US Government in Seizing $1.4 Million From Unhosted Wallet

Tether, the company behind the issuance of USDT, the largest stablecoin in the cryptocurrency market, announced that it helped the U.S. government to seize $1.4 million linked to an alleged…

Continue ReadingTether Assists US Government in Seizing $1.4 Million From Unhosted Wallet

Tether to Collaborate With Uzbekistan on Developing Crypto Infrastructure Projects

Tether, one of the largest stablecoin companies, announced a collaboration with the government of Uzbekistan to develop cryptocurrency and communication projects. The memorandum of understanding (MoU) signed between the parties…

Continue ReadingTether to Collaborate With Uzbekistan on Developing Crypto Infrastructure Projects

FDUSD Climbs the Stablecoin Ladder, Fueled by Trading Volume and Supply Growth

Statistics indicate that the first digital usd (FDUSD), a recently introduced fiat-pegged token launched in August 2023, has risen to become the fourth-largest stablecoin based on market capitalization. Currently, FDUSD…

Continue ReadingFDUSD Climbs the Stablecoin Ladder, Fueled by Trading Volume and Supply Growth

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…

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

Stablecoin Sector Sees $3.26 Billion Growth Spurt; Tether Nears $100B Milestone, USDE Supply Swells by 374%

The stablecoin sector experienced a $3.26 billion expansion within the last eight days, climbing from $140.82 billion to $144.08 billion by Sunday, March 3, 2024. During February, increases in supply…

Continue ReadingStablecoin Sector Sees $3.26 Billion Growth Spurt; Tether Nears $100B Milestone, USDE Supply Swells by 374%

Stablecoin Market Jumps by Over $2.5 Billion in 10 Days, Led by Rise in Key Players

In the opening fortnight of February, the stablecoin domain expanded by $1.7 billion, marking a significant rise. The value of the fiat token crypto market has once again risen witnessing…

Continue ReadingStablecoin Market Jumps by Over $2.5 Billion in 10 Days, Led by Rise in Key Players

Former NFL Star Russell Okung’s Crypto Adoption Comments Ignite Bitcoin vs. Stablecoins Debate

Comments on Lightning Network adoption, made by Russell Okung, a former NFL star who is among the first to receive part of his salary in crypto, sparked a discussion that…

Continue ReadingFormer NFL Star Russell Okung’s Crypto Adoption Comments Ignite Bitcoin vs. Stablecoins Debate

Stablecoin Sector Swells by $1.7 Billion in February; USDC and FDUSD Lead Supply Growth

Statistics reveal that since the onset of February 2024, the stablecoin sector has experienced a significant expansion, with an increase of $1.7 billion in its economy. In the last 30…

Continue ReadingStablecoin Sector Swells by $1.7 Billion in February; USDC and FDUSD Lead Supply Growth