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Stablecoins

UK May Introduce Stablecoin and Staking Regulations in 6 Months: Report

by Isaac Wright
UK May Introduce Stablecoin and Staking Regulations in 6 Months: Report

According to Bloomberg, the British government is expediting the approval of new regulations for stablecoins and crypto asset staking services, aiming to have these rules passed by lawmakers within the …

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Bitcoin Rally Still Has Some Legs Left, Santiment Explains Why

by Isaac Wright
Bitcoin Rally Still Has Some Legs Left, Santiment Explains Why

The analytics firm Santiment has explained that the current Bitcoin rally could still have some legs left, based on this on-chain trend. Bitcoin & Ethereum Leave Exchanges, While Tether Sees …

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Important Coinbase Update Regarding Some Clients

by Isaac Wright
Important Coinbase Update Regarding Some Clients

Cryptocurrency exchange Coinbase has announced the implementation of fees for converting the stablecoin USD Coin (USDC) into USD. Circle serves as the issuer of USDC, a stablecoin that, as of …

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Another Factor That Might Positively Influence the Bitcoin Price Besides the Halving

by Isaac Wright
Another Factor That Might Positively Influence the Bitcoin Price Besides the Halving

Tether’s (USDT) circulating supply has long been a subject of intense speculation regarding its potential impact on the price of Bitcoin. Recent findings from CryptoQuant suggest a significant correlation between …

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Here’s How 2024 Will be Pivotal for Bitcoin in the Stablecoin Arena: CoinShares

by Isaac Wright
Here’s How 2024 Will be Pivotal for Bitcoin in the Stablecoin Arena: CoinShares

The emergence of Bitcoin-based stablecoins could make 2024 a pivotal year for the leading digital network, according to analysts at European alternative asset management firm CoinShares. In its Outlook 2024 …

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Morgan Stanley Warns ‘Paradigm Shift’ in Crypto Could Impact US Dollar Leadership

by Isaac Wright
Morgan Stanley Warns ‘Paradigm Shift’ in Crypto Could Impact US Dollar Leadership

In a recent publication, Morgan Stanley’s Head of Digital Assets, Andrew Peel, has cautioned about a potential “paradigm shift” in the perception and use of digital assets, emphasizing its potential …

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Solana Stablecoin Volume Reaches Record High Of $300 Billion In January

by Isaac Wright
Solana Stablecoin Volume Reaches Record High Of 0 Billion In January

According to the latest on-chain data, the Layer-1 network Solana has hit a significant milestone in terms of the transfer volume of stablecoins this month. Solana Overtakes Tron In Stablecoin …

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USDC Wallet Growth Soars 59% Despite Headwinds: Circle

by Isaac Wright
USDC Wallet Growth Soars 59% Despite Headwinds: Circle

Increasing interest rates, regulatory actions, financial insolvencies, and instances of fraud have significantly contributed to shrinking the overall digital asset economy in the past year. The world’s second-largest stablecoin – …

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Stablecoin Takeover? Record Tether 71% Dominance Raises Questions About Crypto Future

by Isaac Wright
Stablecoin Takeover? Record Tether 71% Dominance Raises Questions About Crypto Future

Tether, the issuer of the ubiquitous USDT stablecoin, cemented its dominance in 2023, ballooning its market share to a staggering 71%. This explosive growth, however, comes with a chilling undercurrent: …

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Tether Dominance Reaches 71% as Market Cap Surges to Record $95B: Glassnode

by Isaac Wright
Tether Dominance Reaches 71% as Market Cap Surges to Record B: Glassnode

Tether, the entity responsible for the USDT stablecoin, has experienced a surge in market dominance from 50% to an impressive 71% throughout 2023, as reported by Glassnode. Meanwhile, Tether’s growth …

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