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The stablecoin sector experienced a $3.26 billion expansion within the last eight days, climbing from $140.82 billion to $144.08 billion by Sunday, March 3, 2024. During February, increases in supply were observed in four of the top five stablecoins by market cap, with FDUSD’s supply growth leading amongst the five. Stablecoin Economy Rises 2.31% in … Read more
In the opening fortnight of February, the stablecoin domain expanded by $1.7 billion, marking a significant rise. The value of the fiat token crypto market has once again risen witnessing an increase exceeding $2.5 billion over the past ten days. Specifically, three stablecoins have driven this upswing, with the stablecoin ethena usde at the forefront … Read more
Comments on Lightning Network adoption, made by Russell Okung, a former NFL star who is among the first to receive part of his salary in crypto, sparked a discussion that highlighted the opposing opinions of the crypto community about the usage of bitcoin and stablecoins in emerging markets. Russell Okung Ignites Discussion on Bitcoin vs. … Read more
Statistics reveal that since the onset of February 2024, the stablecoin sector has experienced a significant expansion, with an increase of $1.7 billion in its economy. In the last 30 days, both usd coin and first digital usd witnessed their supplies jump by 9.6% and 40.3%, respectively. The Dual-Edged Sword of Stablecoin Growth As the … Read more
In a surprising turn of events, approximately 4% of Tether’s available supply has returned to exchanges within just five weeks. This movement contrasts with the ongoing trend of Ethereum and Bitcoin supplies moving off exchanges following the adoption of the ETF. 📊 As #Bitcoin’s & #Ethereum’s respective supplies have continued moving off exchanges after the … Read more
In a recent bout of market turmoil, the trading pair involving Circle’s USDC dollar and Tether’s USDT on Binance witnessed a sudden drop to $0.76 and $0.8 at UTC+8 20:00 and 20:15, respectively. Shortly thereafter, the values swiftly normalized. A similar dip was observed on OKX, with the trading pair reaching $0.955 around 20:00. In … Read more
The head of the Catholic Church warned humanity of AI’s potential dangers and explained what needs to be done to control it. Go to Source
Tether has reacted to lawmakers’ requests for DOJ action over its stablecoin use, claiming it wants to be a “world class partner to the U.S.” Go to Source
Cantor Fitzgerald has been managing Tether’s now $90 billion Treasury portfolio since late 2021. Go to Source
Tether is expanding control sanctions to the secondary market in an effort to cooperate with regulators in the United States. Go to Source