Crypto Biz: Coinbase vs. BiT Global $1B wBTC dispute
This week’s Crypto Biz explores Coinbase’s wBTC controversial delisting, Deutsche Bank’s blockchain, USDT in Europe, FTX creditors repayment and BVNK’s move to the United States. Go to Source
Tether
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MiCA-compliant stablecoins dominate European market — Kaiko
A Kaiko and Bitvavo report highlighted the growth of crypto in Europe as regulatory frameworks emerged in the region. Go to Source
Tether USDT trading continues across Europe despite Coinbase delisting
Binance, Crypto.com, Kraken and other crypto exchanges continue to list Tether’s USDT on their EU platforms weeks before the final MiCA deadline on Dec. 30. Go to Source
Tether backs European stablecoin firm StablR amid USDT uncertainty
Tether, the issuer of the world’s largest stablecoin by market cap, will provide its tokenization tech to Malta-based stablecoin firm StablR. Go to Source
Tether’s Market Cap Taps $140B as Stablecoin Dominates Crypto Trading
The market valuation of tether (USDT) has now ballooned to a staggering $140 billion. On Dec. 16, this stablecoin’s market cap makes up 3.75% of the colossal $3.73 trillion crypto universe. Tether’s Market Share Soars in 2024 The journey of the dollar-pegged digital economy has been quite the adventure since stablecoins first hit the scene, … Read more
Coinbase prepares to delist Tether’s USDT stablecoin in Europe
Coinbase said it will assess reenabling services for stablecoins that achieve MiCA compliance at a later date. Go to Source
109 Million Wallets Hold USDT: Tether Reports
The report underscores USDT’s pivotal role in cryptocurrency adoption, bridging the gap between traditional fiat and digital assets. 109 Million Wallets Hold Tether Tether’s second insights report revealed a significant milestone in the adoption of its stablecoin USDT with 109 million onchain wallets holding USDT at the start of Q4 2024. This makes USDT one … Read more
Crypto payment firm Dtcpay shifts to stablecoin-only payments model
By January 2025, Dtcpay will drop support for Bitcoin and Ether to focus on stablecoin payments exclusively. Go to Source
Brazil proposes to ban stablecoin withdrawals to self-custodial wallets
Brazil, the second-largest market for stablecoin transactions, could be set to ban stablecoin withdrawals to self-custodial wallets like MetaMask. Go to Source
XRP returns to 3rd-largest crypto after 4-year battle with SEC
XRP has made a historic comeback as the third-largest coin by market cap, the number of “XRP” Google searches breaking above “crypto.” Go to Source