Browsing Tag
Stablecoins
Global Adoption Of Stablecoins Leaves US In The Dust—Report
Adoption of stablecoins by US-based consumers is facing a problem Slowdown in 2024 Even as there is increased activity in Bitcoin which rose in popularity after the launch of Bitcoin exchange-traded funds.
The chart below shows a…
Stablecoins represent 40% of crypto economy in Sub-Saharan Africa
As companies shift to dollar-linked options, stablecoins now account for more than 40% of the cryptocurrency economy in Sub-Saharan Africa.
Stablecoins have emerged as a vital component of the cryptocurrency economy in Sub-Saharan Africa,…
Forget Meme Coins Or Stablecoins, DeFi Leads In Fees Generation On Ethereum
Ethereum remains by far the largest smart contract platform by market cap. The network, which ranks second on the market cap leaderboard, hosts decentralized applications across multiple verticals.
While Metaverse, gaming, and NFT…
EU’s MiCA regulation puts stablecoins at risk
Tether CEO Paolo Ardoino believes that MiCA’s recent regulatory move puts banking systems and the use of stablecoins in the EU at “systemic risk.”
Recently interview With Cointelegraph, Ardoino shared his concerns about the MiCA…
Trump Embraces the “Bitcoin-Dollar”, Stablecoins to Entrench US Financial Hegemony
This past Saturday, former president Donald Trump addressed the Bitcoin 2024 conference in Nashville, Tennessee, expounding upon the crypto and bitcoin policies likely to be implemented as part of a likely future Trump administration.…
Stablecoins Are Coming To Bitcoin's Lightning Network
The world of financial assets and altcoins has officially arrived in Bitcoin. And if it wasn’t already clear after the new series of protocols spawned by the Ordinals movement, launch Lightning Labs' native Taproot Assets protocol feels…
Circle’s USDC Emerges as Top Beneficiary of EU’s Push for Compliant Stablecoins
The MiCA regulation has created a growing demand for compatible stablecoins, with Circle’s USDC emerging as a major beneficiary of this trend.
In fact, USDC is driving demand for regulated stablecoins, according to French…
Crypto As A Weapon? Russia Considers Stablecoins To Fight Sanctions
Russia's shift towards stablecoins comes against the backdrop of its presidency of the BRICS group (Brazil, Russia, India, China, and South Africa). BRICS The BRICS countries have previously discussed creating a digital…
J.P. Morgan bullish Stablecoins – see the market ‘growing again’
JP Morgan says the rise in cryptocurrencies/Bitcoin so far this year has been a major boost to growth in stablecoins:In contrast to last year when market participants were still reeling from the collapse of several prominent crypto…
