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Stablecoin supply on the layer-1 blockchain network Solana has increased steadily since the beginning of the year, crossing the $3 billion mark during the past week. Data from the blockchain analytical platform Artemis shows that the stablecoin supply on the network has increased by 55.72% in the last three months to reach $3.12 billion. Notably, […]
The post Solana’s stablecoin supply surges past $3 billion, USDC leads the charge appeared first on CryptoSlate.

#markets #news #bitcoin #usdt #usdc #stablecoins #dai

The unabated expansion of stablecoin supply shows capital continues to flow into the crypto market, one observer noted.

#bitcoin #tether #usdt #whales #usdc #stablecoin #btc #stablecoins #usd coin #btcusd #stables #stablecoin whales

On-chain data suggests the whale entities have bought up around 5% of the supply of the major stablecoins over the past three weeks. Whales Have Been Gobbling Up Stablecoin Supply Recently According to data from the on-chain analytics firm Santiment, whales have been rapidly accumulating the stablecoin supply recently. Whales here refer to investors holding […]

#nft #usdc #blackrock #memecoin #blackrock usd institutional digital liquidity fund #real-world asset tokenization #deposit

The transfers ranged from Bitcoin-based Ordinals Pepe (PEPE) coin to a CryptoDickbutts S3 NFT.

#real world assets #tokenization #news #technology #usdc #stablecoins #celo #circle

Celo, which is in the midst of transforming into an Ethereum layer 2 network, increasingly positions itself as a blockchain for real-world assets.

#markets #news #bitcoin #etf #usdt #usdc #circle #depeg

Circle's USDC stablecoin spiked down to as low as $0.74 on three occasions today following a marketwide sell-off spurred by a report casting doubt over whether a spot bitcoin ETF will be approved this month.

#news #policy #tether #regulations #usdt #usdc #s&p #rankings #ratings

USDT was assigned a low score of four, meaning the largest stablecoin is constrained in its ability to maintain its peg to fiat.

#consensus magazine #features #most influential 2023 #no-livewire #circle internet financial #usdc #stablecoin

Circle Internet Financial continued to build out the USDC stablecoin network, spreading access and inclusion to new corners of the world.