Crypto News

In seven days, the USDC average trading volume increased to an all-time high

According to the cryptocurrency statistics dashboard Glassnode, the amount of stablecoin USD Coin (USDC) supply held by the top 1% of addresses fell.

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Crypto News

Tether’s USDT stablecoin is now available on Polygon.

Tether has expanded its reach in the crypto sector by launching its USDT stablecoin on Polygon (previously Matic Network). After Ethereum, Solana, Avalanche,.

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Crypto News

Fed says, The US economy is at risk from sharp interest rate increase

The Federal Reserve (Fed) of the United States has cautioned that a rise in interest rates and the use of stablecoins could endanger.

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Crypto News

Founder Justin Sun says TRON will launch a $10 billion crypto-backed stablecoin in May

According to inventor Justin Sun, TRON wants to introduce its own algorithmic stablecoin named USDD, or decentralized USD, on May 5. The 31-year-old.

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Crypto News

Meta is rumored to be interested in selling the Diem Stablecoin project and assets

Bloomberg reports that Meta is looking to sell its Diem stablecoin project. The monies will be used by the company to repay investors.

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Crypto News

Tether is flipped on the Ethereum network by USDC

Circle’s USD Coin (USDC) has surpassed Tether (USDT) in total supply on the Ethereum network, marking a huge milestone. As of this writing,.

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Crypto News

Hong Kong has started talks about establishing a stablecoin regulatory framework

The Hong Kong Monetary Authority (HKMA), Hong Kong’s central bank. It has launched a survey to measure public opinion on crypto-asset and stablecoin.

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Crypto News

PayPal is said to be exploring the possibility of launching a stablecoin

PayPal Holdings, an American fintech behemoth, has apparently confirmed its intention to establish its own stablecoin, PayPal Coin. Developer Steve Moser first spotted.

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Crypto News

UST and MIM are “solid Ponzis” that will go to zero, according to a Maker co-founder

Rune Christensen, one of the co-founders of the company that created and developed DAI, a decentralized stablecoin, has singled out two competitors. Christensen.

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Bitcoin News

July 28: Bitcoin up by 7% in a day

On July 28, cryptocurrency prices are in the green. The worldwide cryptocurrency market valuation is $1.54 trillion. They went up 6.42 per cent.

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