The private market platform says $15 million in Pump.fun equity is for sale.
Cryptocurrencies, including stablecoins, still only pay for 0.2% of online commerce transactions globally, according to the report.
Stablecoin market capitalization rose to $190 billion this month, surpassing the pre-crypto winter peak of April 2022, CCData reported.The crypto rally this year and particularly since the U.S. presidential election fueled demand for stablecoins, which are widely used for trading. The emergence of novel tokenized investment products with fixed prices such as BlackRock's BUIDL and Ethena's USDe also helped growth for the sector.Tether's USDT supply rose 10% over the last month to a new peak of $132 billion, while Circle's USDC grew 12% to almost $39 billion, the report said.
The integrations aim to boost global payments and decentralized finance on the Aptos network.
The partnership is designed to expand access to PYUSD in Asian and African markets, PayPal said.
Stablecoin exchange balances grew to a yearly high of $41 billion this week, providing dry powder to buy digital assets, one analyst noted.
The prediction market has listed contracts for betting on events including a prospective Trump impeachment.
Polymarket dominates with around $3.3 billion in betting volumes tied to the outcome of the US presidential race.
The Global Dollar Network, whose participants will earn yield for helping foster adoption of USDG, also includes Anchorage Digital, Bullish, Galaxy Digital and Nuvei.
This week’s Crypto Biz explores Coinbase’s earnings, Reddit’s sale of crypto holdings and Circle’s new fee structure for institutional investors and high-volume traders.
The fee structure revision primarily affects institutional investors and high-volume traders.
Solayer says anyone can mint the yield-bearing sUSD token with at little as $5 in USDC.
Circle chief executive officer, Jeremy Allaire has confirmed that the stablecoin issuing company remains committed to launching an initial public offering (IPO). Interestingly, these comments have come amidst a controversial report on Circle’s biggest competitor Tether. Related Reading: Tether Proposes Bold Plan: Boron-Backed Tokens For Turkey’s Market—Here’s Why Circle Financial Standing Strong, No Need For […]
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Trading platforms and regulators are increasingly embracing cryptocurrency as collateral for trades.
While USDC has been popular in developed markets, it has seen significant growth in emerging regions among fintechs and brokers servicing businesses and households, Jeremy Allaire told CoinDesk in an interview.
Australian pension funds can expect a pitch soon for saving money on fees with a stablecoin.
Stablecoin giant Circle has signalled its plans to bring its digital currency, USDC, into Australia and beyond with the unveiling of a partnership with venture capitalist Mark Carnegie's MHC Digital Group, the companies announced on Tuesday.
Both Robinhood and Revolut are reportedly considering issuing their own stablecoins as the industry continues to expand.
Vitalik Buterin noted that Celo’s second L2 testnet, Alfajores, will be upgraded to Ethereum L2 on Sept. 26.
It's an important step toward winning the tokenized RWA market as Circle continues to vye with stablecoin leader Tether.
Stablecoin issuer Circle is moving forward with its public offering debut and plans to shift its headquarters to Wall Street in 2025.
Blockchain security firm Asymmetric Research privately disclosed the vulnerability to Circle, which has since been addressed.
As Hong Kong looks into creating HKD and USD stablecoins, a local industry executive has addressed possible implications for stablecoins like UDST and USDC.
The Circle CEO cited prior bi-partisan work on stablecoin legislation and FIT21 as proof crypto doesn't belong to a particular political party
More than $2.5 billion has been issued by Tether and Circle over the past week, and 10x Research believes continued momentum could spark a Bitcoin rally.
This week’s Crypto Biz explores Tether’s profit record, bank-linked crypto trading in the United Arab Emirates, Polymarket’s growth amid US elections, and Coinbase custodian arm.
The issuer of stablecoin USDC was valued at as much as $9 billion when it first tried to go public in a failed SPAC deal in 2022.
As the 2024 election approaches, the interplay between political strategies and industry dynamics will continue to evolve.
Since launching in September 2023, Opera Mini’s MiniPay app has amassed 3 million users.