Central banks favor legacy instant payment systems over CBDCs
TradFi looks safe on the international payments market for the foreseeable future, despite advances in blockchain solutions. Go to Source
Stablecoins
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The Unstoppable Rise of Stablecoins: A 319% Boom Since 2021
The stablecoin economy has grown substantially, surpassing its previous peak recorded just before Terra’s stablecoin collapsed in May 2022. Stablecoin Market Sees Triple-Digit Growth as Tether’s Market Cap Hits $132B Data reveals that the crypto economy is currently valued at $3.33 trillion, with stablecoins making up anywhere between 5.70% and 6.02% of the total, depending … Read more
Non-USD stablecoins can spur adoption: Report
Cryptocurrencies, including stablecoins, still only pay for 0.2% of online commerce transactions globally, according to the report. Go to Source
Stablecoin trading volume surges to $1.8T in November
Stablecoins trading volume saw a sharp increase, placing monthly volumes on exchanges on track to new highs in 2024. Go to Source
UK to deliver comprehensive crypto regulation framework by early 2025
The Labour government is reportedly readying crypto, stablecoin and crypto asset regulations as Europe pulls ahead and the US changes its crypto policies. Go to Source
Record $9.7B stablecoin inflows could drive Bitcoin to $100K
The record monthly stablecoin inflows could put Bitcoin’s price on track to top the record $100,000 mark. Go to Source
Stablecoin bill faces several challenges — former Senator Pat Toomey
The total market capitalization of the stablecoin sector has topped $174 billion as of November 2024 and continues to grow. Go to Source
Paxos to Acquire Membrane Finance in Strategic Move to Make USD-Backed Stablecoins MiCA Compliant
This strategic move is aimed at accelerating Paxos’ commitment to compliant financial products and success of its stablecoins. USD-Backed Stablecoins in Europe Paxos, a regulated financial institution and provider of tokenized products has announced an agreement in principle to acquire Membrane Finance, a blockchain infrastructure company, subject to regulatory approval. With this acquisition, Paxos is … Read more
Tether, Kraken, Fabric Ventures back new MiCA-compliant stablecoins
Quantoz Payments has partnered with Kraken, Tether and Fabric Ventures to launch MiCA-compliant EURQ and USDQ stablecoins in the EU, aiming for secure, efficient digital payments. Go to Source
A $9.7 Billion Boom in 14 Days—Stablecoin Market Eyes Historic Peak
Over the past 14 days since Nov. 2, an eye-popping $9.736 billion has flowed into the stablecoin economy, adding to the $555 million boost recorded in October. Near Record Highs: Stablecoin Economy Grows Stablecoins have cemented their role as a powerhouse in the crypto world, holding immense value and influence. Over the last two weeks, … Read more