XRP Price Explosion to $5 Closer Than Ever With Ripple’s Foray Into the $154 Billion Stablecoin Market

275 +

How USDT led the latest stablecoin resurgence

The stablecoin market cap added $9 billion to the crypto market. USDT's market cap hit a fresh milestone. The stablecoin market is showing signs of recovery, and its resurgence could play a The post How USDT led the latest stablecoin resurgence appeared first on AMBCrypto.

139 +

Tether (USDT) & DAI Beacon Hope of Turning Tides in an 18-Month Decline in Stablecoin Market Cap

A report from Binance Research revealed that the total stablecoin market capitalization has been on a steady decline, persisting for 18 consecutive months, and it hit a new low of $123. 8 billion in September 2022.

153 +

Is the stablecoin market witnessing a revival?

Despite past turbulence, the stablecoin market was experiencing renewed activity and optimism. Both Tether and Circle's new endeavors could help sustain the stablecoin growth further. In theThe post Is the stablecoin market witnessing a revival? appeared first on AMBCrypto.

189 +

Stablecoin Surge: Over $11 Trillion in Payments Rival Visa’s Dominance

184 +

First Digital USD soars on Binance as overall stablecoin market sinks to two-year low

The total market cap of stablecoins has been on a continuous decline for 17 months, now standing at $124 billion, its lowest level since August 2021, according to CCData. The data aggregator highlighted a broader impact of the decline in stablecoin’s monthly trading volume.

239 +

Has the market lost its faith in stablecoins? Assessing...

The stablecoin sector experienced a decline in market capitalization over the past 15 months. Despite this, there are signs of increased whale interest and potential for stablecoin recovery.

141 +

Stablecoin Issuer Tether Unveils Strong Q1 2023 Numbers with BTC and Gold Reserves

Coinspeaker Stablecoin Issuer Tether Unveils Strong Q1 2023 Numbers with BTC and Gold Reserves Tether continues to dominate the stablecoin market with a market cap of over $82 billion and is currently the third-largest cryptocurrency by market cap.

73 +

Stablecoin Market Share Dwindles As USDC And BUSD Supply Deplete

The top 4 stablecoin valuations have declined significantly since this year. USDC and BUSD supply has depleted by $31 billion, pushing down the overall stablecoin market share.   In addition, the top 4 stablecoins’ market capitalization has dropped by 23% from a peak of $161 billion per Glassnode’s report.

202 +

Will USDD be entering the stablecoin race? Its Q1 performance suggests...

USDD showed improvements despite the turbulence faced by stablecoins in the market. However, the stablecoin continued to lag behind in terms of market cap. The stablecoin market has sufferedThe post Will USDD be entering the stablecoin race? Its Q1 performance suggests... appeared first on AMBCrypto.

194 +

Research: Tether shines as leading stablecoin in evolving market

Following the FTX disaster in November, the stablecoin market has significantly changed, losing $12 billion in value. The post Research: Tether shines as leading stablecoin in evolving market appeared first on CryptoSlate.

201 +

Stablecoin Tether launches on Polygon Network

The stablecoin market has been part of the headlines since the second week of May. Post the TerraUSD (UST) massacre; investors felt shaky about the future of stablecoins. Meanwhile, some positive news is coming up from the stablecoin market.

170 +

Terra's UST becomes first decentralized stablecoin to hit $10B market cap

One of the biggest growth areas in the crypto-space this year is undoubtedly the stablecoin market. In fact, as per a report, the largest stablecoin issuers have increased 500% over the past 12 monthsThe post Terra's UST becomes first decentralized stablecoin to hit $10B market cap appeared first on AMBCrypto.

181 +

Stablecoin Demand Is Going Through the Roof; Exchange Reserves Hit an ATH

Stablecoins dominated 2020 and now they are ready to take over 2021 as well. Last year, the market capitalization of fiat-pegged stablecoins went from just under $5 million to $27 billion. As of writing, the stablecoin market cap has surpassed $30 bln, as per CoinGecko.

211 +

New Timvi Secured Algorithmic Stablecoin Enters The Market

The test mode of the new Timvi (TMV) secured algorithmic stablecoin was launched on September 18, 2019. The emission of the stablecoin is not subject to the influence of any third parties. TMV will allow its users to earn both during bull and bear market.

113 +

Huobi Launches Futures Trading Market, Stablecoin Aggregator

Huobi spoke about their HUSD stablecoin and introduced a new derivative market at two separate blockchain events in New York this week.

144 +

Factom Seems Keen to Enter the Stablecoin Market

It is safe to say the cryptocurrency industry has seen its fair share of stablecoins already. This market is open to competitors, although nearly 10 different offerings exist already. Even so, the Factom team is confident they can add at least one more competitor to the mix.

150 +

As Tether’s Valuation Sinks, Gemini Dollar Takes Lead in the Stablecoin Market

Controversial stablecoin Tether is going through a rough phase losing nearly 20% of its valuation in a week's time with the decrease in USDT circulation in the crypto market. The post As Tether’s Valuation Sinks, Gemini Dollar Takes Lead in the Stablecoin Market appeared first on CoinSpeaker.

164 +

Stablecoins All Want to Be $1, But They're Not Worth the Same

Buying bitcoin may be cheaper using a stablecoin the market has greater confidence in, like the Gemini dollar, than with an alternative like USDT.

176 +

With New Exchange Listings and Demand, New Stablecoins See Pegs Broken

Fresh on the market, the industry’s newest batch of stablecoins is having trouble striking a price balance. Amidst news of listings on Huobi and OKEx, two of the industry’s largest exchanges, TrueUSD (TUSD), Gemini USD (GUSD), the Paxos Standard (PAX) and Circle’s USD Coin (USDC) have all risen well above their pegs.

874 +

Bitcoin Price Analysis: Bitcoin Consolidation Forecasts $3,500 Move

A strong round of buys hit the market this weekend as unsubstantiated rumors began to circle surrounding Tether and Bitfinex’s potential insolvency. I won’t be going into the details surrounding the allegations because, like I said, they are nothing more than unsubstantiated rumors.

599 +

Huobi Joins OKEx in Adding Four New Stablecoins

Huobi Global has announced its decision to list four USD-pegged stablecoins by the end of the week. In a support notice published on its platform, the company noted that users will be able to make deposits for Paxos Standard Token (PAX), True USD (TUSD), Circle’s (USDC), and Gemini exchange’s (GUSD) on its exchange starting from Friday, October 19, 2018 (GMT +8).

512 +

Winklevoss-Backed Stablecoin Soars Above $1 as Tether's Market Cap Plunges

The Gemini dollar has broken its peg, climbing to an all-time high of $1.19 on Tuesday.

112 +

Tether (USDT) Stablecoin Attempts to Calm Instability Concerns with Latest Statement

Tether Attempts to Calm Instability Concerns Tether recently released a statement attempting to calm the market concerning the seeming instability of its coin in the past 36 hours. The statement, made by Tether’s Leonardo Real, was: “Tether is the leading provider of tokenized fiat currencies and is listed on many exchanges worldwide. We would like […]

179 +

Circle’s Stablecoin USDC Grows and Expands Amid Tether (USDT) Market Turbulence

USDC Grows and Expands Amid Market Turbulence Around Tether USDC was launched just a few weeks ago and it showing a real interest from several users and investors in the market. According to a blog post uploaded by Circle, USDC has experienced significant increases in daily volumes, growth in its global market cap and widespread […]

218 +

BlockFi Now Offers Litecoin and Gemini Stablecoin-Backed Loan Options

Crypto-to-USD lender BlockFi has announced that it will support loans backed by both Litecoin and Gemini’s recent stablecoin token GUSD. This is the first time the company is expanding to accept collateral in one of the crypto industry’s top-10 assets besides bitcoin and ether.

546 +

This website is tracking the instability of stablecoin Tether

The cryptocurrency sector has grown anxious over a market reliance on controversial “stablecoin” Tether (USDT), after its value dropped well below its supposedly pegged price of $1. In fact, the market is so concerned with the risks associated with USDT that a “Tether premium” has formed on the cryptocurrency exchanges still using it.

178 +

OKEx Lists Four New Stablecoins

Digital assets platform OKEx has added four stablecoins to its listed assets. According to a support notice published by OKEx, the Hong Kong-based cryptocurrency exchange says that TrustToken's TrueUSD (TUSD), Circle's USDCoin (USDC), the Gemini Dollar (GUSD) and Paxos Standard Token (PAX) are now live on the platform.

498 +

As Tether’s Peg Slips, Bitcoin Price Is Distorted Across Market

Tether’s peg is slipping, and an exchange-wide firesale has led to major price discrepancies between bitcoin’s BTC/USDT and BTC/USD trading pairs across the market.

528 +

Tether Demise: The Titanic Was Unthinkably Unsinkable, Too

Tether can’t fail without taking a Titanic bite out of the cryptocurrency market cap. That’s been the view of many crypto analysts for some time. And many have tried to find a way to hedge against the ticking time bomb that the USDT stablecoin represents.

208 +

USDT Price Volatility Continues Despite Binance Debunking Delisting Rumors

No one will deny Tether’s USDT stablecoin is a bit controversial. That image has only been reinforced today, as the currency proves to be anything but stable in value. A current market dip pushes the below per USDT below the $0.

258 +

Tether USDT Crashing Away, Circle’s USDC and Gemini Exchange GUSD Set to take Over

There has been a steady influence of new stablecoins in the crypto market and many actors and analysts believe that more of the stablecoins will still be added to the market in few years to come, since some major cryptocurrency exchanges are now creating their own stablecoin or partnering with other bodies to create one.

228 +

Tether Forces Bitcoin to Achieve $7,500, Crypto Market Adds $20 Billion

The crypto market and Bitcoin investors were in for a shock on Monday morning, as Tether, a self-proclaimed “stablecoin,” fell 6% below its U. S. Dollar (USD) peg amid a growing sense of confusion within the cryptosphere.

163 +

Singapore-based Blockchain Consortium Buys Majority Share in Bithumb

Singapore-based BK Global Consortium has paid 400 billion won (approximately $350 million) for a majority stake in South Korean Bithumb, the world’s third-largest cryptocurrency exchange, according to a local news outlet.

202 +

Two Yen-Backed Stablecoins in the Works, Hong Kong and Australian Dollar-Backed Coins Could Happen Next

With the volatility of the crypto market, it’s hardly surprising that people are using cryptocurrencies backed by fiat currencies, also known as stablecoins. One of the most popular among these new breeds of tokens is Tether, a stablecoin where every token is backed by one US dollar.

221 +

Bitfinex Stops USD Deposits To Their Exchange

The popular digital currency exchange, Bitfinex has reportedly stopped its USD deposits to their exchange. This news comes after last weeks, several rumours that the exchange was broke which made management forced to step up and deny the rumours that they were not bankrupt.

346 +

Reasons Why Bitcoin Crashed Today

It only takes a few minutes for Bitcoin to lose $200 and that’s exactly was happened today. Not only has Bitcoin crashed earlier today but it took the whole market down with it including Ethereum, XRP, Monero, Stellar and so on.

679 +

OKCoin USA Will Issue Chinese Yuan Stablecoin, Says CEO Star Xu

The founder of Chinese cryptocurrency exchange OKCoin confirmed its US sister operation, OKCoin USA, will issue a stablecoin backed by the Chinese yuan (RMB). Xu: Stablecoin Will Be ‘Fully-Compliant’ In a series of tweets, Star Xu, who also founded both platforms’ parent company, OKGroup, delivered a highly bullish forecast on the future of the stablecoin market — which is seeing multiple market entrants this year.

239 +

Maker Becomes Most Valuable Token as Nearly 1% of all ETH Is Locked in Dai

With a market cap of above half a billion dollars, Maker is now the most valuable Ethereum token after overtaking OmiseGo. Most of Maker’s success is attributed to its Dai stablecoin, which now has almost one percent of all ETH locked in as of October 8, 2018.

177 +

PwC Joins Hands with Decentralized Lending Startup Cred For a USD-backed Stablecoin

PwC said that its partnership will “provide 100% transparency and value substantiation,” and enhance investors' trust in the cryptocurrency stablecoin market. The post PwC Joins Hands with Decentralized Lending Startup Cred For a USD-backed Stablecoin appeared first on CoinSpeaker.

120 +

Japan’s GMO Internet Gears for Yen-Pegged Stablecoin Launch in 2019

The company aims to bolster its presence in the crypto market with the planned 2019 launch of GMO Japanese Yen (GJY).

147 +

True USD (TUSD) Stablecoin Ready To Help In Decentralizing The Dollar

Stablecoins have been expanding during the last years in the cryptocurrency market. They entered the market with the intention to provide a hedge against the inherent volatility of cryptocurrencies.

213 +

Japanese Internet Giant GMO to Launch Yen-Pegged Cryptocurrency

Japan’s GMO Internet Group has announced plans to issue a yen-pegged stablecoin called GMO Japanese Yen. Already in the crypto exchange and mining hardware businesses, the company plans to launch its third crypto enterprise with this stablecoin.

156 +

Japanese Internet Monolith GMO to Launch Yen-Pegged Stablecoin

GMO Internet Group is working to launch a stablecoin by 2019. In an announcement released on Tuesday, October 9, 2018, the Japanese IT conglomerate said it is putting all gears in place to begin building its stablecoin, called the GMO Japanese Yen (GJY).

429 +

A Look at the 9 New Stablecoins Entering the Cryptocurrency Market

Recently, there has been a so-called “stablecoin invasion”—in fact, according to a recent report, there are at least 57… The post A Look at the 9 New Stablecoins Entering the Cryptocurrency Market appeared first on Invest In Blockchain.

126 +

PwC and Cred Partner to Develop Cryptocurrency Trading Technology

Global professional services firm PwC has partnered with decentralized lending platform Cred to boost trust in the cryptocurrency space and bring in more traders by advancing stablecoin technology.

417 +

PwC and Cred Partner to Promote Cryptocurrency Trading Technology

Global professional services firm PwC has partnered with decentralized lending platform Cred to boost trust in the cryptocurrency space and bring in more traders by advancing stablecoin technology.

338 +

What Is Making The Maker Token Price Upswing?

Cryptocurrencies are volatile assets, ideal for speculation. Strong price fluctuations make them hard to use in long-term contracts. Today’s surge in the Maker token price comes as Augur (REP) announces it will add DAI to the platform; making it possible to use the stablecoin in prediction contracts.

186 +

0x (ZRX) Surges 15% As Coinbase Rumors Hit New Heights

Coinbase (Accidentally?) Hints At ZRX Addition Despite the extremely stable market conditions, which has led many to jokingly dub Bitcoin “the most decentralized stablecoin,” there was one crypto asset that stood out like a sore thumb, posting substantial gains that made speculators rush into a frenzy.

249 +