Stablecoin Archives - Page 2 of 4

May 02, 2025

Tether to Launch New U.S. Dollar Stablecoin Amid Rising Market Demand

Tether, the world’s largest stablecoin issuer, is planning to launch a new dollar-backed stablecoin just for the United States. This could happen by the end of this year or early next year, depending on how fast U.S. lawmakers finalize new rules for stablecoins. Tether, based in El Salvador, curren...

#Article #crypto news #Stablecoin #Tether

March 31, 2025

Circle Prepares for Public Listing in 2025

Circle Internet Financial, the company behind the USDC stablecoin, is taking steps to go public this year. According to the reports, the firm is working with JPMorgan and Citi to file for an Initial Public Offering (IPO) by late April. To this end, if all goes according to plan, Circle’s shares cou...

#Circle #Citi Bank #Cryptocurrency News #JP Morgan #Stablecoin

March 26, 2025

Stablecoin Market Reaches New Heights as Total Value Hits $231 Billion

The stablecoin market continues its impressive growth streak, with the total market capitalization rising 3.62% to reach $231 billion in March 2025, according to CoinDesk Data’s latest report. This marks the eighteenth consecutive monthly increase for stablecoins, which now represent 8.02% of...

#CBDC #Coindesk #NEWS #Stablecoin #Tether #USDC

February 13, 2025

USDC Reaches All-Time High of $56.4B, Marking Full Recovery From Banking Crisis

USDC (Circle’s USD Coin) has hit a new record, reaching a market cap of $56.4 billion in February 2025. This milestone marks a complete recovery from the stablecoin’s challenges during the 2023 banking crisis and demonstrates renewed market confidence in the coin. The stablecoin’s...

#Cryptocurrency News #Stablecoin #USDC

January 10, 2025

Philippine Banks Collaborate for Inclusive Stablecoin Solutions

Philippine banks are coming together to establish PHPX. This coin is aimed at improving international payments and financial inclusion through the Hedera decentralized ledger technology (DLT) network. However, the release date has been set to be between May and July. Major banks like UnionBank, RCB...

#Article #NEWS #Philippine #Stablecoin

October 14, 2024

AED Stablecoin Gets Preliminary Approval from UAE Apex Bank

The Central Bank of the United Arab Emirates (CBUAE) has given AED Stablecoin in-principle permission under its Payment Token Service Regulation framework, according to a firm press statement. AED Stablecoin’s preliminary license approval puts it in the lead in the race to be the first issuer...

#Crypto Regulation #Cryptocurrency News #Stablecoin

August 28, 2024

Stablecoin Bots: A Feature, Not a Flaw

A recent Bloomberg headline raised eyebrows by stating that “over 90% of stablecoin transactions are not from genuine users,” fueling concerns about transaction authenticity within the blockchain realm. This isn’t the first instance of digital assets facing questions about transaction legitim...

#.blockchain #Bots #Stablecoin

June 03, 2024

Tether Leads Polygon’s Stablecoin Market with $792M Cap, Up 29%

Tether’s USDT dominates Polygon’s stablecoin market, now valued at $1.5 billion.This quarter, Polygon has seen a significant surge in its stablecoin market capitalization. According to the latest report from Messari, the Ethereum Layer 2 solution’s stablecoin market cap reached $1.5 billion, markin...

#Polygon #Stablecoin #Tether #USDT

May 10, 2024

What Is the Purpose of USDT?

The emergence of stablecoins like Tether USD (USDT) stems from the inherent volatility of traditional cryptocurrencies such as Bitcoin and Ether. This volatility poses significant challenges, rendering them ill-suited for numerous scenarios where stability is paramount. In response to this volatili...

#Crypto #Stablecoin #USDT