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Fiat Tokens – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Sat, 11 May 2024 13:21:18 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png Fiat Tokens – DIGIT INFO https://www.digit.info 32 32 Stablecoin Market Stabilizes at $160 Billion; FDUSD and PYUSD Lead Growth https://www.digit.info/stablecoin-market-stabilizes-at-160-billion-fdusd-and-pyusd-lead-growth/ Sat, 11 May 2024 13:21:18 +0000 https://www.digit.info/2024/05/11/stablecoin-market-stabilizes-at-160-billion-fdusd-and-pyusd-lead-growth/ Read more]]> Stablecoin Market Stabilizes at $160 Billion; FDUSD and PYUSD Lead GrowthOver the past 19 days, the stablecoin economy has stabilized with negligible growth after reaching the $160 billion threshold at April’s end. Out of the top five, FDUSD is currently the frontrunner in terms of 30-day growth, showing a 15.3% increase in supply. Stablecoin Valuation Holds Steady With Little Growth Following a period of rapid […]

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Stablecoin Market Cap Slides, BUSD and DAI Valuations Jump, Fiat Tokens Represent 70% of All Crypto Trades https://www.digit.info/stablecoin-market-cap-slides-busd-and-dai-valuations-jump-fiat-tokens-represent-70-of-all-crypto-trades/ Thu, 21 Jul 2022 14:45:27 +0000 https://www.digit.info/2022/07/21/stablecoin-market-cap-slides-busd-and-dai-valuations-jump-fiat-tokens-represent-70-of-all-crypto-trades/ Read more]]> Stablecoin Market Cap Slides, BUSD and DAI Valuations Jump, Fiat Tokens Represent 70% of All Crypto TradesDuring the last month, the stablecoin economy’s market valuation dropped from $155.23 billion to $153.34 billion on July 20, sliding roughly 1.21%. The top two stablecoins by valuation, tether and usd coin, have seen their market caps slide over the last 30 days, while BUSD and DAI have seen increases. Stablecoin Markets Lose Close to […]

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Tether Launches Stablecoin Pegged to the British Pound Sterling https://www.digit.info/tether-launches-stablecoin-pegged-to-the-british-pound-sterling/ Wed, 22 Jun 2022 17:30:26 +0000 https://www.digit.info/2022/06/22/tether-launches-stablecoin-pegged-to-the-british-pound-sterling/ Read more]]> Tether Launches Stablecoin Pegged to the British Pound SterlingTether, the company behind the largest stablecoin by market capitalization, has announced another fiat-pegged stablecoin called GBPT on Wednesday, tied to the value of the British pound sterling. The news follows Tether’s most recent launch of a Mexican peso-pegged crypto asset called MXNT. Tether Launches the Company’s 4th Fiat-Pegged Crypto Asset On June 22, 2022, […]

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Tether Launches on Polygon, USDT Stablecoin Now Hosted on 11 Blockchain Networks https://www.digit.info/tether-launches-on-polygon-usdt-stablecoin-now-hosted-on-11-blockchain-networks/ Fri, 27 May 2022 22:30:13 +0000 https://www.digit.info/2022/05/27/tether-launches-on-polygon-usdt-stablecoin-now-hosted-on-11-blockchain-networks/ Read more]]> Tether Launches on Polygon, USDT Stablecoin Now Hosted on 11 Blockchain NetworksFollowing the company launching a fiat-pegged tied to the value of the Mexican peso, Tether, the stablecoin issuer has announced the firm has launched tether tokens on the Polygon network. The Polygon integration follows the stablecoin being added to the Avalanche and Kusama blockchain networks. Tether Joins the Polygon Blockchain Ecosystem The largest stablecoin by […]

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Tether Launches Tokens Pegged to the Mexican Peso on Ethereum, Tron, and Polygon https://www.digit.info/tether-launches-tokens-pegged-to-the-mexican-peso-on-ethereum-tron-and-polygon/ Thu, 26 May 2022 18:30:22 +0000 https://www.digit.info/2022/05/26/tether-launches-tokens-pegged-to-the-mexican-peso-on-ethereum-tron-and-polygon/ Read more]]> Tether Launches Tokens Pegged to the Mexican Peso on Ethereum, Tron, and PolygonThe stablecoin issuer Tether Operations Limited has announced the company has launched a new fiat-pegged token tied to the value of the Mexican peso. According to the team the newly launched MXNT tokens will be initially hosted on Ethereum, Polygon, and Tron. MXNT Stablecoin Is Pegged 1:1 to the Mexican Peso The stablecoin and blockchain […]

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Circle to Issue Weekly USDC Reserve Reports — Tether Publishes May 2022 Assurance Report https://www.digit.info/circle-to-issue-weekly-usdc-reserve-reports-tether-publishes-may-2022-assurance-report/ Sun, 22 May 2022 14:00:50 +0000 https://www.digit.info/2022/05/22/circle-to-issue-weekly-usdc-reserve-reports-tether-publishes-may-2022-assurance-report/ Read more]]> Circle to Issue Weekly USDC Reserve Reports — Tether Publishes May 2022 Assurance ReportThe co-founder and CEO of Circle, Jeremy Allaire, has announced the cryptocurrency firm that issues the stablecoin usd coin plans to provide the public with weekly stablecoin reserve reports. Additionally, the company Tether has also released an assurance report on its stablecoin reserves via the Cayman Islands auditing company MHA Cayman. Circle CEO Says Firm’s […]

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Stablecoin Issuance Surged Last Year — UST Saw the Largest 12-Month Increase https://www.digit.info/stablecoin-issuance-surged-last-year-ust-saw-the-largest-12-month-increase/ Sun, 30 Jan 2022 18:49:38 +0000 https://www.digit.info/2022/01/30/stablecoin-issuance-surged-last-year-ust-saw-the-largest-12-month-increase/ Read more]]> Stablecoin Issuance Surged Last Year — UST Saw the Largest 12-Month IncreaseStablecoins have become prominent payment rails in the world of cryptocurrencies commanding $177 billion in fiat value today. The top ten stablecoins by market capitalization represent the largest share of the value in the fiat-pegged coin economy and many of these tokens grew exponentially last year. Terra’s UST stablecoin grew the most last year, jumping […]

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Expanding Crypto Market Caps by 500% to 1,300%: Stablecoin Issuance Saw Significant Growth Last Year https://www.digit.info/expanding-crypto-market-caps-by-500-to-1300-stablecoin-issuance-saw-significant-growth-last-year/ Tue, 11 Jan 2022 16:30:40 +0000 https://www.digit.info/2022/01/11/expanding-crypto-market-caps-by-500-to-1300-stablecoin-issuance-saw-significant-growth-last-year/ Read more]]> Expanding Crypto Market Caps by 500% to 1,300%: Stablecoin Issuance Saw Significant Growth Last YearAs crypto-assets grew immensely in value last year, the growth of the stablecoin economy swelled as well and today, there’s $170.24 billion worth of stablecoins in circulation. Data indicates that over the last 12 months, a slew of stablecoin valuations grew exponentially. 12-Month Stats Show Stablecoin Market Valuations Saw Massive Growth Last year, numerous crypto […]

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Stablecoin Economy Jumps 3.5% in 2 Weeks to $167 Billion, Fiat-Pegged Tokens Command Over 60% of Crypto Trades https://www.digit.info/stablecoin-economy-jumps-3-5-in-2-weeks-to-167-billion-fiat-pegged-tokens-command-over-60-of-crypto-trades/ Sat, 25 Dec 2021 17:30:11 +0000 https://www.digit.info/2021/12/25/stablecoin-economy-jumps-3-5-in-2-weeks-to-167-billion-fiat-pegged-tokens-command-over-60-of-crypto-trades/ Read more]]> Stablecoin Growth Jumps 3.5% in 2 Weeks to $167 Billion, Fiat-Pegged Tokens Command Over 60% of Crypto TradesSince December 8, the stablecoin economy has grown 3.59% in 17 days as numerous stablecoin market valuations have issued more fiat-pegged tokens this month. On Saturday, December 25, the stablecoin economy’s $167 billion market valuation represents 6.68% of the entire $2.49 trillion crypto market economy. Stablecoin Issuance Jumps 3.5% There’s a great number of stablecoins […]

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$11 Billion Added to Stablecoin Economy in 10 Days, UST and OUSD Issuance Swells https://www.digit.info/11-billion-added-to-stablecoin-economy-in-10-days-ust-and-ousd-issuance-swells/ Wed, 08 Dec 2021 14:19:42 +0000 https://www.digit.info/2021/12/08/11-billion-added-to-stablecoin-economy-in-10-days-ust-and-ousd-issuance-swells/ Read more]]> During the last week of November, the stablecoin economy had crossed the $150 billion mark for the first time with tether and usd coin dominating the pack. In a mere ten days, the stablecoin economy gathered another $11 billion in value with origin dollar and terra usd swelling significantly during the last 30 days. $11 […]

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