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...
Tag : stablecoins
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...
How Stablecoins Could Outgrow ETFs and Create Multi-Trillion-Dollar Markets
Gabor Gurbacs, an advisor to Tether, a leading stablecoin issuer, has recently made a compelling case for stablecoins as the next transformative force in the...
Hong Kong Wants to Regulate Reserve-Backed Stablecoins
Hong Kong has proposed regulations for fiat-referenced stablecoins (FRS) with the aim of establishing a regulatory framework to address associated risks. This initiative was introduced...
Tether issues 1 billion USDT to control and replenish inventory
Tether Treasury recently generated an additional 1 billion USDT tokens on the Ethereum network, as reported by a blockchain monitoring and analytics platform. This event...
Binance CEO CZ Clarifies the Situation Regarding Stablecoins and MICA Regulation
Binance, the world’s largest cryptocurrency exchange by trading volume, may have to delist multiple stablecoins from its platform next year due to the new MICA...
Stablecoin Market Cap Falls by $1.53 Billion in 30 Days
XRP and Litecoin (LTC) are two of the most popular cryptocurrencies in the market, and they have recently seen a surge in demand from investors....
Crypto Whales and Their Love for Stablecoins
The crypto market is known for its volatility and unpredictability, which can make it challenging for investors to navigate. However, some savvy players have found...
The FED Has Plans to Tackle Concerns Regarding Unregulated Stablecoins
As per the recent development, the FED is geared up to deploy a team of experts to keep checks on developments in the crypto space....
SEC Investigates Violations of Investor-Protection Laws in Stablecoin Issuance
According to recent reports, the Securities and Exchange Commission (SEC) is looking into the possibility of investor protection rules being broken by stablecoins. Stablecoins are...