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Stablecoin issuer Circle announced that its flagship asset USDC and its smaller euro-based stablecoin EURC have both been approved as “recognized crypto tokens” by the Dubai Financial Services Authority (DFSA). The recognition will allow the 6,000 companies in the Dubai International Financial Centre (DIFC), including financial institutions, to use and promote the two stablecoins. USDC … Read more
A notable development for the cryptocurrency market occurred when Tether’s USDT stablecoin experienced an influx of capital that pushed its inflows past the $450 million mark, the largest that had occurred since February 3rd. The rise in stablecoin liquidity, particularly that of USDT, is invigorating speculation among market participants about the potential for a sizable … Read more
The stablecoin sector continues to develop. Yields have been moving in an exciting direction. Partnerships are proliferating and appear to promise a lot. While this is happening, major figures in the crypto and finance worlds (figures like Peter Thiel and Paolo Ardoino of Bitfinex and Tether) are pushing hard for something that looks a lot … Read more
The payments industry is on the verge of a seismic transformation. Recent projections from the management consultancy McKinsey & Company place the annual value of cross-border payments at $195 trillion in 2024 and expect the figure to ascend to $320 trillion by 2032. This dramatic increase will be driven by many different factors, one of … Read more
In 2025, Circle, the issuer behind the USDC stablecoin, has been making significant pushes to get the USDC token deployed across different blockchain ecosystems. The most recent and notable development has been Circle minting $250 million worth of USDC on Solana in the last few weeks. This has been part of a much more extensive … Read more
The Aptos blockchain is making headlines and setting new records for network activity and stablecoin adoption. Recent data from Artemis informs us that the number of active addresses on the Aptos network has reached an unprecedented 16.7 million per month. This trend is nothing short of spectacular and reflects the blockchain’s growing momentum. On January … Read more
The cryptocurrency market is experiencing a substantial surge in the adoption and utilization of USDC, which is one of the top stablecoins. In the last year, the daily transaction volume of USDC has shot up by an extraordinary 119%. This is obviously reflection of the growing demand there is for USDC among not just everyday … Read more
The cryptocurrency market remains turbulent, but Circle is undeterred. The company is moving ahead with its plans to expand on the Solana blockchain and just two hours ago minted another 250 million USDC. This continued USDC minting activity has occurred against the backdrop of impressive overall growth of Solana’s stablecoin ecosystem. Over the last six … Read more
In the stablecoin market, USDC is taking the lead and raking in the cash. Since the beginning of the year, it has seen its market cap grow by an impressive 18 percent. With that, it has stepped ahead of several competitors. And where clear regulations were becoming a bone of contention for the next stablecoin … Read more
The Solana blockchain has hit a major milestone, with its stablecoin market cap reaching an all-time high of $10 billion, representing a 69% increase over the past week. The dramatic growth has been fueled by a surge in memecoin trading activity and the network’s appeal as a scalable and efficient blockchain for decentralized finance (DeFi) … Read more
