Bitcoin has faced a rollercoaster of price action over the past few days, hitting an all-time high last Tuesday before succumbing to a sharp 15% correction. The recent volatility has sparked a mix of uncertainty and opportunity among market participants. Despite the downturn, BTC remains a focal point for investors, with eyes on whether it […]
Ethereum layer-2 networks now lock over $13.5 billion in stablecoins, driving total market capitalization to $205 billion.
Binance has formed a strategic partnership with Circle to integrate USD Coin (USDC) across its services, aiming to enhance accessibility and promote adoption. This collaboration also positions USDC as a key corporate treasury asset for Binance, according to an announcement on Dec. 11. Circle CEO Jeremy Allaire highlighted the partnership’s significance, pointing out that two […]
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Latin America continues to be a center of blockchain integration with Nuvei and partners' new e-commerce solution for merchants.
Non-compliant stablecoins listed on Canadian-registered crypto platforms will be required to be delisted by Dec. 31, 2024.
Pressure mounts on crypto exchanges operating in the country to comply with tighter rules to list stablecoins by the end of this year.
Circle has become the first stablecoin issuer to meet Canada’s new listing requirements for its USD Coin (USDC), marking a significant milestone amid ongoing reports of layoffs within the company. In a Dec. 4 post on X, Circle CEO Jeremy Allaire announced that USDC is the first of the top dollar-backed stablecoins to comply with […]
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By January 2025, Dtcpay will drop support for Bitcoin and Ether to focus on stablecoin payments exclusively.
XRP has made a historic comeback as the third-largest coin by market cap, the number of “XRP” Google searches breaking above “crypto.”
Some Coinbase users are airing frustration at the region’s MiCA laws, which is forcing the exchange to stop offering yield on USDC in the European Economic Area.
Cryptocurrencies, including stablecoins, still only pay for 0.2% of online commerce transactions globally, according to the report.
Stablecoins trading volume saw a sharp increase, placing monthly volumes on exchanges on track to new highs in 2024.
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.
SCB rolled out a convenient and inexpensive stablecoin wallet that is sure to appeal to tourists in Thailand.
Stablecoin exchange balances grew to a yearly high of $41 billion this week, providing dry powder to buy digital assets, one analyst noted.
Stablecoins like USDT and USDC are shining stars of digital finance. Their stability is due to their 1:1 peg to the US dollar. As a result, their use for everyday transactions and overall acceptance are increasing quickly worldwide. In Singapore, for example, the stablecoin payment value reached $1 billion in the second quarter of the […]
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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.
XYO’s native token is now tradable against tokens, including SOL and USDC, on Solana-native decentralized exchanges Jupiter and Raydium.
The United States Treasury Department is taking an interest in stablecoins and tokenization.
The fee structure revision primarily affects institutional investors and high-volume traders.
Base has notched a new record stablecoin volume, temporarily beating out Solana, Ethereum, and Tron for the top spot.
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 […]
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Trading platforms and regulators are increasingly embracing cryptocurrency as collateral for trades.
It will ultimately create a world where autonomous AI agents freely interact with humans onchain, the venture capital firm said.
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.
The US-based consumers’ adoption of stablecoins is facing a slowdown in 2024 even when there is increasing activity in Bitcoin that rose in popularity following the launch of the spot Bitcoin exchange-traded funds. Related Reading: Survey: Trump Leads Harris By 18%, But His Token Project Tells A Different Story The graph below shows a decline […]