Stablecoins

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US Treasury Department Officials Discuss ‘Risks and Benefits Posed by Stablecoins’ With Players From Financial Industry

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The U.S. Treasury Department is reported to have held meetings with participants from the country’s financial industry to discuss “the risks and benefits posed by stablecoins.” In addition, officials are said to have used the meetings to discuss “whether stablecoins would require direct oversight if they become extremely popular.” Policymakers Alarmed by Growth of Crypto … Read more

Tether’s 1,500% Market Cap Increase in 500 Days — USDT Stablecoin Market Nears $70 Billion

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The stablecoin giant tether is by far the largest dollar-pegged crypto asset in the crypto economy and today, the number of tethers in circulation is nearing $70 billion. 90 days ago on June 12, 2021, the number of tethers in circulation was around 63 billion tokens and the supply has swelled by 9.99% since then. … Read more

Afterpay ‘absolutely’ keen to explore crypto services after regulations clarified

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Afterpay spoke as part of the Senate inquiry into “Australia as a Technology and Financial Center” and Lee Hatton said there would be enough consumer demand to offer crypto services. Go to Source Powered by WPeMatico

Credit Agency Moody’s Looks to Hire Crypto Analyst, Strong Understanding of Defi Important

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One of the Big Three credit rating agencies, Moody’s Corporation, often referred to as Moody’s, has listed an employment opportunity for a “crypto-asset analyst.” Moreover, Moody’s job listing shows the company is very interested in the “wide-reaching impact of decentralized finance(defi).” Moody’s Is Hiring a Crypto Analyst, Candidate Needs to Grasp Defi Moody’s is hiring … Read more

Bitcoin Market Dominance Dips Down to 40% While Ethereum and Other Crypto Market Caps Swell

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While bitcoin prices have risen in value during the last two weeks, bitcoin dominance levels have slipped to lows not seen since the June 6 low of 41%, and the dip to 39.97% on May 16, 2021. Depending on the crypto market price aggregator leveraged, bitcoin’s dominance has been between 39.99% to 41.52%. Meanwhile, as … Read more

From $250 Billion to $2.35 Trillion: A Look at the Top Ten Crypto Market Cap Shifts Over 2 Years

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While the crypto economy is worth more than $2.35 trillion, there’s a variety of new cryptocurrencies that have claimed top ten positions, in terms of market capitalization, in recent times. Two years ago, the top ten crypto assets by market cap looked a lot different than today, and things have also changed a great deal … Read more

NBA’s Dallas Mavericks’ Shop to Give Rewards to Customers Paying With Dogecoin and Other Cryptos

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The professional basketball team owned by the billionaire Mark Cuban, the Dallas Mavericks, announced “Mavs Cryptomania,” which gives Dallasmavs.shop customers a $25 e-gift card if they pay with cryptocurrencies like bitcoin, ethereum, bitcoin cash, and dogecoin. The Mav’s owner has been a big proponent of crypto assets and the Mav’s was the first NBA team … Read more

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