$164 Billion: Tether (USDT) Drives Stablecoin Growth to 2-Year High

Major milestone reached by stablecoin market

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Terra (LUNA) price prediction: Is there a chance for LUNA to return to its all-time high?

Terra (LUNA), one of the major cryptocurrencies, saw its value plummet by 100% due to the algorithmic stablecoin protocol TerraUSD (UST) losing its peg to the US dollar on May 13, 2022. By the end of the month that year,…

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LISTA surges after Binance listing, TVL reaches $566 million

Lista DAO (LISTA), a decentralized stablecoin lending protocol that completed its token airdrop on June 20, has soared 37%. The price of LISTA soared from $0. 565 to highs of $0. 84 across major exchanges.

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Uphold to delist USDT and 5 stablecoins by July 1, citing MiCA

Apart from Uphold, other major crypto exchanges, including Binance, Kraken and OKX, also tweaked their stablecoin listing policies to comply with MiCA regulations.

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Circle Launches 2-Phase Solana Integration With Major New Features

Peer-to-peer payments company and stablecoin (USDC) issuer Circle has announced its integration with the Solana (SOL) blockchain, bringing several important new features to its Web3 services.  According to Wednesday’s announcement, the strategic move will enable Circle to offer programmable wallets and gas stations and allow developers and businesses to build and launch on-chain applications. Advantages […]

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Binance Announces Major Changes To Stablecoin Access In Europe From June 30

Binance, one of the world’s leading cryptocurrency exchanges, has recently announced significant changes to its stablecoin regulations in Europe.   Starting from the end of June, Binance will begin restricting access to “unauthorized” stablecoins in compliance with the new MiCA stablecoin rules across the European Economic Area (EEA).

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Tether Makes Major Move Into Bitcoin Mining With $100 Million Investment In This Firm

In a significant development, Tether, the issuer of the widely used stablecoin USDT, has acquired a $100 million stake in Bitdeer Technologies Group, a US-listed Bitcoin miner owned by Chinese billionaire Jihan Wu.

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Deutsche Bank Issues Major Stablecoin Warning

Deutsche Bank's warning comes at time when stablecoins are experiencing unprecedented growth

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Uniswap (UNI) dips 15% on SEC concerns: whales pivot to LUNA and NUGX for growth

Uniswap’s 15% price drop after the SEC’s Wells Notice led major holders to seek more promising alternatives. Terra Luna excels with dynamic stablecoin options and instant settlement. NuggetRush’s no-tax model, governance perks, and play-to-earn game lure whales.

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BIS Publishes New Stablecoin Report Following Ripple's Announcemnet

With major companies like Ripple entering the stablecoin market, regulators are striving to come up with rules that mitigate risks without hindering innovation

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Ripple CTO Reveals Major XRPL Feature Amid Stablecoin Excitement

This comes at time when excitement is building over Ripple's new stablecoin

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Is XRP ‘Doomed’ After Ripple Announced a New Stablecoin?

Ripple, the blockchain company behind the XRP cryptocurrency, announced major plans on Thursday to launch a USD-backed stablecoin. This news has led to speculation about whether Ripple’s new stablecoin could make XRP obsolete.

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Cardano has a new stablecoin; here's what it means for ADA's price

Cardano’s network activity remained high as active address transactions spiked.  Market indicators looked bearish on the token.  Cardano [ADA] recently witnessed a major development in iThe post Cardano has a new stablecoin; here's what it means for ADA's price appeared first on AMBCrypto.

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Tether Introduces Game-Changing Innovation; Uniswap’s Memecoin Listing Attracts Bitcoin Whales

Tether, the major issuer of the stablecoin USDT, has announced the launch of a game-changing innovation to revolutionize how users transfer USDT across different blockchain networks. This new migration tool comes at a time when the market value of USDT has soared to unprecedented heights, reflecting its pivotal role in the crypto ecosystem.

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Tether announces USDT migration  tool in a bid to safeguard against blockchain network failures

Major stablecoin issuer Tether has launched a recovery tool designed for migrating its USDT stablecoin across different blockchains. According to a March 4 announcement, the tool aims to safeguard continuous access to USDT (Tether stablecoin) in the face of potential…

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Arthur Hayes foresees banking giants overtaking Tether’s stablecoin dominance

Arthur Hayes, former CEO of Bitmex and CIO of Maelstrom, predicted that major banks like JPMorgan will overshadow Tether and other stablecoin companies once they are permitted to issue fiat-backed stablecoins.

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XRP and Cardano (ADA) Score New Major Listing on Binance Amid Epic Announcement

Binance introduces XRP and ADA trading pairs against USDC, signaling strategic move and 'return' of stablecoin to its platform

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Flowdesk Picked by Forge to Become Marker Marker for Euro-Based Stablecoin

EURCV isn't the first Euro stablecoin, but it has the institutional backing of Societe Generale, a major European financial institution.

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Tether to Invest $500 Million in Bitcoin Mining

Tether, expanding beyond its USDT stablecoin roots, announces a major foray into Bitcoin mining. The firm plans to invest $500 million in this energy-intensive sector, signaling a significant shift in its business model and potential impact on the Bitcoin mining landscape.

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Circle partners with major Taiwan convenience store chain to convert loyalty points to crypto

In a significant step for Taiwan’s digital economy, stablecoin issuer Circle has strategically allied with Taiwan’s leading crypto service provider, BitoGroup, and Taiwan FamilyMart, the country’s second-largest convenience store chain.

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How Japan Is Leading the Race to Regulate Stablecoins

Japan’s stablecoin regulations attempt to address some of the biggest fears about major stablecoins: Do issuers really have the assets to back them?

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Stablecoin companies now 16th largest holder of U.S. treasuries globally – report

Quick Take With the aggregate valuation of the top five stablecoins – USDT, USDC, BUSD, DAI, and Tron – currently amounting to approximately $120 billion, stablecoins have become major holders of US Treasuries.

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All Eyes on Kraken as $34 Million Stablecoin (USDT/USDC) Deposit Hints at Major Buy

According to cryptocurrency market analysis firm LookOnChain, it appears that a large institutional investor recently injected around $33. 9 million into the crypto market. LookOnChain reported observing two wallet addresses, 0x6A55 and 0x57B4, withdrawing 33.

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Binance Meets Mitsubishi's $3.3 Trillion Muscle in Epic Stablecoin Launch

Major crypto exchange to launch new stablecoin in partnership with $3.3 trillion Japanese mega bank Mitsubishi UFJ (MUFG)

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PayPal USD (PYUSD) Makes Its Debut on KuCoin Exchange

KuCoin, a major crypto exchange, has officially listed PayPal’s stablecoin

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Did Tether Spokesperson Just Confirm Major Conspiracy?

Recent statements from purported Tether spokesperson have reignited debates and speculations surrounding stablecoin issuer's lending practices, seemingly confirming theories that have circulated within cryptocurrency community

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Major Aussie bank takes next step to AUD stablecoin after Chainlink test transaction

ANZ’s banking executive Nigel Dobson says the bank sees “real value” in tokenizing real-world assets on-chain like the Aussie dollar.

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Cardano’s Djed Stablecoin Receives Major Code Upgrade – Discover What’s New

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Visa Taps Solana and USDC Stablecoin to Boost Cross-Border Payments

The company said it is one of the first major payment institutions to use directly the Solana network for settlements.

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Reasons behind the sharp decline in Bitcoin volumes in 2023

Sharp fall in the DXY index impacted stablecoin share of Bitcoin volumes in 2023. Binance was guilty of being a major contributor to the decline. Bitcoin [BTC] in 2023 hasn't been what it usThe post Reasons behind the sharp decline in Bitcoin volumes in 2023 appeared first on AMBCrypto.

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Circle’s USDC will launch natively on Optimism, Coinbase’s Base next week

The major stablecoin company Circle said it will launch its USDC stablecoin natively on two blockchains in the first week of September. The company said on Aug. 30 that it will launch USDC on Optimism’s OP Mainnet.

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PayPal Stablecoin PYUSD Receives Major Boost as Coinbase Announces Listing

Major crypto exchange announces game-changing plans for PayPal stablecoin PYUSD

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PayPal Stablecoin PYUSD Trading Launches on Major US Exchange

PayPal stablecoin PYUSD makes grand debut on major exchange Kraken

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Singapore regulator seeks input from Ripple and Circle on stablecoin regulation

The Monetary Authority of Singapore (MAS) has released a consultation paper seeking industry feedback on its proposed regulatory approach for stablecoins and related activities in the city-state. Major cryptocurrency firms Ripple and Circle submitted detailed responses to the consultation, offering…

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Stablecoin Market to Soar to Almost $3T in Next 5 Years: Bernstein

Major global financial and consumer platforms are expected to issue co-branded stablecoins resulting in significant growth for these cryptocurrencies, the report said.

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Crypto News Today: Bitcoin's Rally Toward $30K, PayPal's Stablecoin Fakes, and More

As Bitcoin retakes $30K and major players like PayPal delve into the crypto realm, the intersection of traditional finance and crypto becomes more pronounced.

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SHI Stablecoin Will Be Game-changer, While PayPal Stablecoin PYUSD Is Not: SHIB Team Member

Major member of Shiba Inu team speculates that SHI stablecoin, when launched, will be much more trusted that PayPal's PYUSD

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PayPal Launches PYUSD Stablecoin: Guide to What We Know So Far

U.S.-based fintech heavyweight PayPal becomes first Web2 major to launch its own native USD-pegged stablecoin

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Circle CEO: 70% of USDC adoption comes from outside the US

Major stablecoin issuers Tether and Circle are focusing on markets outside the United States, where adoption is growing.

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Bitcoin (BTC) Dips Below $29,000 Despite Big PayPal News

Despite PayPal's major announcement of launching its own stablecoin, Bitcoin has experienced a drop below $29,000

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Paypal Becomes First Major Company To Issue Dollar-Pegged Stablecoin In Crypto Push

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Tether (USDT) Begins to Exploit Circle’s Reserves, Analyst Reports: USDC Might Be Losing the Stablecoin Battle

The world of stablecoins, digital currencies pegged to stable assets like the US dollar, has been in a state of flux. With the rise of decentralized finance (DeFi) and the increasing prominence of stablecoins, understanding the underlying mechanics and strategies of major players is crucial.

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Is Another Bitcoin Rally Coming Soon? This Pattern May Say So

On-chain data shows a pattern in the stablecoin shark and whale holdings that may suggest the Bitcoin rally could make a return in the near future. Stablecoin Sharks & Whales Have Been Accumulating Recently According to data from the on-chain analytics firm Santiment, the sharks and whales of the major stablecoins have been increasing their reserves while Bitcoin has been struggling recently.

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Stablecoin decline as ETH staking, Layer-2s see major growth in Q2 2023

During a relatively stable second quarter, Bitcoin and Ethereum have expanded their shares to over 70% of the total cryptocurrency market capitalization for the first time since April 2021 During the same period, the recently released Crypto Market Insights Report 2023Q2 by TokenInsight indicates the crypto market saw a decrease in the total market capitalization […] The post Stablecoin decline as ETH staking, Layer-2s see major growth in Q2 2023 appeared first on CryptoSlate.

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Stablecoin Bill Finally Passes Congressional Committee Approval: Details

Long-awaited stablecoin bill has passed first major stress test in House

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Bitcoin bull run next? Bitfinex stablecoin ratio ‘blows up’ in 2023

A “major leading indicator” for Bitcoin is pointing the way toward a classic repeat of bullish BTC price phases, analysis says.

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Ripple's Top Exec Drops Major Update on Joint Project with Montenegro

CBDC chief at Ripple unveils major update on joint stablecoin project with Montenegro

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USDC Market Cap Drops As Redemptions Climb To $1.4 Billion

As one of the biggest stablecoins, USDC is one of the major players in the crypto industry. However, the stablecoins have seen better days, as the stablecoin has seen its market cap drop drastically over the past few months.

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ZkSync Era stablecoin liquidity dips slightly: Why is this a big deal?

ZkSync Era stablecoin liquidity experiences major outflow for the first time in two months. A look at why the ZkSync snapshot may have had an impact on stablecoin liquidity. ZkSync Era reporThe post ZkSync Era stablecoin liquidity dips slightly: Why is this a big deal? appeared first on AMBCrypto.

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