Tether CEO Claims Competitors Seek to Stop USDT
TL;DR Tether CEO Paolo Ardoino has sounded the alarm over what he describes as a deliberate attempt by competitors to hinder USDT’s growth through legal...
Tag : stablecoins
Moonwell Launches an International Payment System with Virtual U.S. Accounts
TL;DR Moonwell launches virtual U.S. checking accounts, allowing anyone to receive payments and convert them to USDC with no additional fees. The tool simplifies international...
Telegram Wallet Launches Fee-Free USDT Purchases
TL;DR Telegram Wallet now enables fee-free USDT purchases in over 60 countries, aiming to promote the global adoption of stablecoins. The integration with TON and...
Tether’s Embrace by Establishment Sparks Expansion
TL;DR Tether, led by CEO Paolo Ardoino, is diversifying its investments following newfound acceptance by the establishment and the return of a crypto-friendly administration. With...
DeFi Sector Faces 16% TVL Decline, Stablecoin Market Remains Resilient
TL;DR The DeFi sector experienced a 16% drop in total value locked (TVL) over the past week, falling from $140.95 billion to $117.76 billion before...
Historic $200 Billion Milestone for Stablecoins Driven by High Onchain Yields
TL;DR The total market capitalization of stablecoins has surpassed $200 billion for the first time, driven by a 13% increase over the past month and...
State Street Explores Stablecoins and Tokenized Deposits
TL;DR Street is considering creating stablecoins and tokenized deposits to facilitate blockchain-based payments. Digital Asset Expansion: The company is partnering with Galaxy to develop crypto...
Fourth-Generation Stablecoins: Algorithmic Innovation and New Challenges
TL;DR The fourth generation of stablecoins introduces new algorithmic features. South Korean experts highlight the risks and challenges of these new tokens. USDT’s market share...
Visa and Allium Labs Uncover the Truth Behind Stablecoin Transactions
TL;DR Bot Activity Dominates Stablecoin Transactions: A study by Visa and Allium Labs found that 90% of stablecoin transactions are initiated by bots and large-scale...
PayPal PYUSD Market Cap Surges 70% in One Month. Is It the Best Stablecoin Right Now?
In a month marked by notable changes in the cryptocurrency landscape, PayPal PYUSD stablecoin has seen an impressive 70% growth, raising its market capitalization to more...