Browsing: stablecoin market

Stablecoins have become a pivotal force in the evolving landscape of digital finance, recently surpassing Bitcoin in a significant market metric.As these tokens mature, their impact on the global economy, particularly in facilitating cross-border transactions, is more pronounced than ever.

USDD circulation has officially exceeded $600 million, marking a historic milestone in the stablecoin market.This remarkable achievement highlights the growing trust and recognition of USDD as a leader in decentralized finance, contributing significantly to its ecological impact.

In recent developments, USDC minting has gained significant attention as Circle announces the minting of another 500 million USDC.This latest issuance brings the grand total for USDC and its competitor Tether to an impressive 18.25 billion USD since October 11.

USDC issuance has reached new heights as Circle announces the release of an additional 500 million USDC on the Solana blockchain.This significant move highlights the growing momentum in the stablecoin market, further consolidating USDC’s position as a leading digital currency.

In a significant move that has captured the attention of the cryptocurrency community, a notable whale recently placed a TWAT order that involved the accumulation of 141,000 HYPE, totaling approximately $4.91 million.This strategic investment demonstrates the growing interest in HYPE amid turbulent market conditions, as crypto whales often influence market trends through their substantial trading activities.

The Upbit merger between Dunamu and Naver Financial marks a significant moment in the evolution of South Korea’s financial landscape.As the operator of the country’s largest crypto exchange, Upbit is set to join forces with a prominent payments provider, creating a financial entity valued at roughly $13.8 billion.

U.S. Treasury Secretary has stated that the stablecoin market is projected to grow significantly, potentially reaching $30 trillion by 2030. This forecast highlights the increasing importance and integration of stablecoins within the broader financial ecosystem.… (via Bpaynews real-time desk)

Solana ($SOL) has exceeded $200, driven by approved ETFs and a rising stablecoin market cap, signaling the possibility of further…

The stablecoin market is approaching a valuation of $300 billion, driven by the emergence of new platforms that go beyond…