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TL;DR Chainlink (LINK) leads with a 7081.75% weekly sentiment index, followed by Sui (SUI) and USD Coin (USDC), as Bitcoin’s resurgence above $96,000 boosts enthusiasm across the crypto market. LINK’s…
With a current market cap of less than $200 billion, stablecoins represent a tiny fraction of global financial transactions – just 1% of US money supply and foreign exchange operations.…
American crypto exchange Coinbase will stop offering rewards to holders of the USD Coin (USDC) stablecoin located in the European Economic Area (EAA) on November 1. In a note to…
The global stablecoin supply has hit new highs, with Tether (USDT) and USD Coin (USDC) dominating the sector. According to a Bloomberg report citing data from DefiLlama, the market capitalization…
The total stablecoin supply reached an all-time high of approximately $176.2 billion. According to data compiled by Token Terminal, stablecoin supply has steadily recovered after a decline from mid-2022 through…
Data from Santiment shows that there has been a significant drop in non-empty Bitcoin (BTC) wallets. The platform’s analysts have interpreted this as a sign of fear, uncertainty, and doubt…
Speaking at the current Binance Blockchain Week in Dubai, the CEO of Circle, the issuer of the second-largest stablecoin, expressed optimism regarding global regulation toward the sector. He also asserted…
Jeremy Allaire, CEO of Circle, has predicted that stablecoins will grow to capture up to 10% of the money supply in the next 10 years. Allaire highlighted that even with…
Fintech giant Stripe has finalized a deal to acquire stablecoin platform Bridge for $1.1 billion. This purchase marks the largest acquisition in the crypto industry to date. Record $1.1 Billion…
Stablecoin giants like USDT and USDC continue to strengthen their hold on the market, expanding their dominance and market share. However, a new contender is making waves – PayPal’s PYUSD.…