On-chain data shows a current increase in the variety of stablecoin addresses sending out to exchanges, recommending a boost in dry powder supply pumping into Bitcoin. Stablecoins Exchange Inflow Addresses Count Recently Surges As pointed
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During the last month, four out of five of the top stablecoins by market capitalization saw their valuations swell in size. At the time of writing, there is $ 135.4 billion in stable coins, but
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After bitcoin reached its all-time high (ATH) on Wednesday, the second-largest crypto asset in terms of market capitalization, ethereum, is nearing its own ATH. The last time the crypto asset hit an ATH was five
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Circle revealed today the launch of its hallmark stablecoin USDC on top of the Hedera network. This action is part of the multichain commitment that Circle announced earlier this year, with the objective of further expanding
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On Thursday, crypto asset aggregation portal Coingecko released the company’s third quarter 2021 report which shows a number of different findings. According to the study, for the most part, the crypto economy recovered from the
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Former U.S. Treasury Secretary believes stablecoins should be regulated and held in a regulated bank, here's why Steve Mnuchin, former Secretary of the US Treasury and now founder of the Liberty Strategic Capital private equity
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Stablecoins to face the same regulations as PayPal or Western Union The proposal recently put forward by regulators suggests that stablecoins should follow the same policies as more traditional versions of payments services that only
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Cynthia Lummis – Republican senator and ardent supporter of crypto – is being cautious about stablecoins. She recently said that they need to be cash-backed and regularly audited. Ensure adequate stable coin reserves The senator
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Federal Reserve Chairman Jerome Powell confirmed during a hearing before the House Financial Services Committee that he has no intention to ban or limit the use of cryptocurrencies. He also commented on the regulation of
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As of September 25, 2021, there’s $129.3 billion worth of stablecoin assets in existence which represents 6.54% of the crypto economy. The second largest stablecoin by market valuation, the USDC, saw its capitalization increase significantly, increasing
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