Stablecoin total value locked (TVL) on the Tron blockchain experienced a slight decline in the early part of the second half of 2023 but ultimately surged to reach record highs …
Tether’s total assets are not far away from $100 billion following a monumental rise over the past six years. The current figure for the firm’s total assets is $95.2 billion, …
The Hong Kong government’s proposed rules for stablecoins this week have prompted both optimism for the city’s effort to become a virtual asset hub and concern that the rules may …
Tether, the company behind the popular stablecoin USDT, announced a significant milestone in its growth, with its market value reaching $91 billion. It was also revealed that over 2023, the …
Hong Kong regulators are proposing tougher legislation that requires stablecoin issuers to obtain a licence from the city’s de facto central bank before serving retail customers, as the Asian financial …
In 2023, digital assets experienced an exceptional year, witnessing a remarkable surge in Bitcoin prices by over 172%, with a correction of less than 20%. In addition to Bitcoin and …
According to research by Sixdegree, stablecoins have not seen a significant increase in value during the recent bull market. Their current total value is $129.5 billion, slightly lower than the …
The New York-based stablecoin issuer – Paxos – announced a strategic expansion of its stablecoin issuance to the Solana blockchain platform, which was previously exclusive to Ethereum. Paxos said it …
Tether, the creator of the popular USDT stablecoin, has publicly disclosed letters sent to key U.S. legislative committees revealing its partnerships with the Secret Service and FBI. This update comes …
Circle recently reported that the global settlement volume of stablecoins reached $7 trillion last year, nearly half the $14 trillion settled by financial powerhouses Visa and Mastercard. This marks a …