Stablecoin – Coin HD

Stablecoin Market Cap Hits $161 Billion, Reaches Two-Year High: CCData

Leave a Comment / Market, Stablecoin / azlan90

In May 2024, the stablecoin ecosystem rebounded, achieving a market capitalization of $161 billion, marking a 0.63% increase from the month’s outset. According to CCData, this marks the highest level since April 2022, following eight months of steady growth. Tether Dominates as Stablecoin Market Rebounds While the stablecoin market has been surging, its dominance slightly […]

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Stablecoin Market Capitalization Soars to 11-Month High, Taps $134 Billion

Leave a Comment / Market, Stablecoin / Avery Clarkson

Last updated: January 23, 2024 22:43 EST | 2 min read Source: iQoncept / AdobeThe stablecoin market capitalization has surged to its highest point in 11 months with increased network activity recorded at the start of the year. A recent market research by cryptocurrency analytics firm, CCData shows an increase in the stablecoin market as

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Stablecoin Leader Tether Approaches 100 Billion in Circulation

Leave a Comment / Leader, Stablecoin / azlan90

Last updated: January 15, 2024 00:40 EST | 1 min read Source: Adobe / Jim Tether, the issuer of the popular USDT stablecoin, has strengthened its dominance in the stablecoin market by approaching 100 billion tokens in circulation. The company’s market share expanded significantly in 2023, growing from 50% at the beginning of the year

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USDC Stablecoin Issuer Circle Confidentially Files For IPO

Leave a Comment / Issuer, Stablecoin / Admin

Last updated: January 11, 2024 10:29 EST | 2 min read Source: AdobeStock Circle Internet Financial – the issuer of the world’s second-largest stablecoin, USD Coin (USDC) – has quietly filed for an initial public offering (IPO) with federal regulators. Their IPO registration follows a series of historic approvals by the Securities and Exchange Commission

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Stablecoin Issuer Circle Explores 2024 IPO Possibility a Year After Failed SPAC Deal: Report

Leave a Comment / Issuer, Stablecoin / Avery Clarkson

Stablecoin issuer Circle is looking into the possibility of becoming a publicly traded company in the early months of 2024. The development comes almost a year after its failed SPAC deal with Concord. Despite the collapse of this particular deal, Circle’s co-founder and CEO, Jeremy Allaire, later emphasized the company still planned to become a

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Stablecoin Activity Takes Crown From DeFi in Q3: Report

Leave a Comment / Activity, Stablecoin / Avery Clarkson

Stablecoins are often viewed as assets that pose systematic risks to the financial market. However, these pegged tokens have become the most popular category among investors amid adverse market conditions. QuickNode’s latest on-chain report revealed a notable surge in stablecoin activity across blockchain networks. Stablecoins saw a 45% growth in active addresses and a 41%

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Real Estate-Backed Stablecoin USDR De-Pegs, Plunges to $0.53

Leave a Comment / Estate-Backed, Stablecoin / Admin

In a recent development, the Real USD (USDR) stablecoin lost its peg to the U.S. dollar, causing its value to plummet to just $0.5. TangibleDAO, the entity responsible for USDR, points to a liquidity issue as the cause of the stablecoin’s rapid depreciation. TangibleDAO Cites Liquidity Issue in USDR’s Depegging On Oct. 11, the Real

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