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Stablecoins continue to drive impressive growth in the crypto sector, with TRON solidifying its position as the leading blockchain for stablecoin transactions. November 2024 marked a historic milestone, as USDT transfer volume on TRON surged to an all-time high of $587.2 billion for the month. This milestone represents a substantial leap from previous months. In … Read more
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
For the first time, the supply of USDT on Ethereum has surpassed that on TRON, marking a significant shift in stablecoin dynamics. Over the past month, the USDT supply on Ethereum increased by approximately $20 billion, showcasing the growing preference for Ethereum as a stablecoin network. BREAKING: USDT on Ethereum overtook USDT on TRON. The … Read more
Coinbase said it will assess reenabling services for stablecoins that achieve MiCA compliance at a later date. Go to Source
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
The stablecoin market has crossed an impressive $200 billion in value, with the top three fiat-pegged tokens experiencing notable growth over the past month. Ethena’s USDE has taken center stage, climbing over 89% since Nov. 9. USDE Supply Soars, USD0 Issuance Climbs a Staggering 91% As of Monday, Dec. 9, stablecoin data from coingecko.com and … Read more
Bolivian attorneys Iver von Borries and Javier Romero Mendizabal proposed introducing Tether’s USDT, the largest stablecoin in the cryptocurrency market, as an index asset for commercial and civil contracts. The submission aims to link USDT’s value in global markets to the national fiat currency, allowing for more flexibility in pricing certain obligations. Bolivia has maintained … Read more
Binance’s stablecoin reserves on ERC-20 have reached an all-time high of $28 billion, signaling increased confidence and activity in the cryptocurrency market. This milestone reflects broader trends in 2024, a year marked by significant institutional participation and rising average deposit sizes across major exchanges. Stablecoin Reserves (ERC-20) on Binance Hit All-Time High by $28.0B “Rising … Read more
By January 2025, Dtcpay will drop support for Bitcoin and Ether to focus on stablecoin payments exclusively. Go to Source
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
