2024-8-27 15:00 |
The driving motivation behind the changes was "how to scale DeFi to gigantic size" and grow a decentralized stablecoin, Rune Christensen said in an interview with CoinDesk. origin »
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Tether Holdings’ USDT stablecoin token has reached a significant milestone by briefly surpassing $100 billion in circulation and market capitalization, making it the first stablecoin to reach this size.
2024-3-5 05:00 | |
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A new report from the Bank for International Settlements (BIS) has revealed a critical insight into the crypto market: no current stablecoin can guarantee full parity with its peg at all times, regardless of its size or backing type.
2023-11-18 22:00 | |
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The world’s largest stablecoin is reported to have spent $420 million on 10,000 H100 GPUS from the Bitcoin miner Northern Data, according to a report in Forbes. However, a press release from Tether issued the next day stated this report…
2023-9-22 18:30 | |
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Here’s what data suggests regarding which of USD Coin (USDC) and Tether (USDT) do institutional stablecoin investors prefer. Average Transaction Size For USDC Is Greater Than USDT In a new post on X, the market intelligence platform IntoTheBlock has discussed how the metrics related to the two largest stablecoins in the sector compare against each […]
2023-8-10 03:00 | |
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The amount of stablecoins circulating throughout the crypto market has been tremendous growth in 2020 Although it took this fragment of the market five years grow to $6 billion in size, it has grown to over $12 billion throughout the past six months alone This is an extremely positive development for Bitcoin, as many view the stablecoin supply as “dry powder” that can help ignite future rallies Because billions of dollars are pouring into these […]
2020-7-16 02:00 | |
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While the size of Bitcoin’s community has been shrinking over the past few months, one part of the crypto industry has been consistently growing: the market capitalization of Tether’s USDT, the leading dollar stablecoin.
2020-4-19 01:00 | |
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At Facebook’s annual F8 conference one of Mark Zuckerberg’s themes was “the future is private. ” This news also comes on the back of Facebook’s earlier announcements of launching a stablecoin for Whatsapp and its other efforts of decentralization.
2019-5-3 23:00 | |
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Recently, CryptoCompare, the global cryptocurrency market data provider published a study offering institutional and retail investors insights into the cryptocurrency exchange industry. One of the observations made by the study is that Tether (USDT) continues to represent the majority of Bitcoin trading into fiat or stable coins at 65% of the total monthly volume in […]
2019-1-20 01:55 | |
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Popular cryptocurrency exchange Coinbase has raised a fresh $300 million in a Series E financing round, bringing the company valuation to $8 billion. Coinbase plans to use the funding to "accelerate the adoption of cryptocurrencies," as it plans to remain the "entry-point into crypto" for millions of investors, according to a published blog post.
2018-10-31 20:51 | |
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In this overview, we explore Kraken and its journey from a Mt. Gox alternative to soften the blow of bitcoin’s dependence on just one exchange to becoming one of the most respected cryptocurrency exchanges in the world.
2018-9-27 21:21 | |
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There is substantial controversy surrounding Tether, a cryptocurrency that claims to be pegged to the U. S. dollar. According to Tether, each Tether token is backed by one U.
2018-6-14 22:01 | |
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The White House's end-of-February deadline for banks and crypto firms to resolve the “stablecoin yield” debate exposes a structural fault line that was never going to stay buried. This isn't a speed bump on the road to crypto-friendly regulation.
Spain's BBVA has joined the Qivalis consortium alongside eleven major European banks to develop a euro-based stablecoin. The project seeks regulatory approval and commercial launch in late 2025.
KBank has filed 13 trademark applications, including names like KSC Wallet, KSTA Wallet, Kstable Wallet, and Kbank SC Wallet. The post KBank Files for Stablecoin Wallet Trademark as IPO Plans Accelerate appeared first on Coinspeaker.
China seeks to make the renminbi a true reserve currency, but the numbers reveal a story in which Beijing's capital controls create conditions for Bitcoin and dollar stablecoins to thrive as workarounds rather than competitors.
The Hong Kong Monetary Authority will issue its first Stablecoin Issuer Licenses in March, selecting from 36 applications submitted by the August deadline. The post Hong Kong Money Authority to Grant First Stablecoin Licenses in March appeared first on Coinspeaker.
Dollar-backed stablecoins are now more than just a crypto payment tool. Recent reports say that they may also be helping the U.S. extend dollar influence abroad, in a way that keeps real capital at hoThe post THIS is the stablecoin power angle that nobody is talking about appeared first on AMBCrypto.
Hong Kong has revealed that it has activated licensing for issuers of fiat-based stablecoins amid a broader push for crypto regulatory clarity. During a policy briefing with the Legislative CouncThe post ‘Stablecoin ordinance has taken effect’ - Hong Kong pushes for crypto regulation appeared first on AMBCrypto.