Tag: Stablecoin adoption
Transforming Global Payments: The Rise of Stablecoins
Stablecoins: A Cool Crypto ThingSo, like, stablecoins are this super awesome thing in the world of cryptocurrency, and they're totally gonna change the way we do global payments. According to some folks at a16z...
Stablecoin Market Cap Reaches All-Time High in Over 2 Years
The stablecoin market cap has reached an all-time high, surpassing the previous record set over two years ago. Tether's USDT remains the dominant force in the market, controlling over 50% of the market share...
Societe Generale Launches Stablecoin on Ripple’s XRP Ledger for Increased Adoption
Societe Generale, through its crypto subsidiary SG-FORGE, has made a significant move by extending its EUR CoinVertible (EURCV) stablecoin to Ripple's XRP Ledger. This decision comes as part of SG-FORGE's strategy to expand its...
Stablecoins: The Key to Global Trade Stability
Circle CEO Jeremy Allaire believes that stablecoins have the potential to revolutionize global trade and enhance efficiency in emerging markets. Speaking at the Hong Kong FinTech Week 2024, Allaire emphasized the role of stablecoins,...
State Street Develops Tokenized Bond and Money Market Fund; No Immediate Stablecoin Project
State Street, a major asset management and banking company based in Boston, is currently in the process of tokenizing a bond and a money market fund. However, the company has clarified that there are...
Tether Invests $3 Million in Kem to Boost USDT Adoption
Tether, the leading stablecoin issuer, recently made a strategic investment of $3 million in the Kem app to increase the adoption of its stablecoin USDT. This investment aims to help Tether reach new markets...
Bitcoin’s Future Brightens as Key Stablecoin Metric Hits 18-Month Low
Bitcoin has shown resilience in the face of recent market volatility, quickly bouncing back to nearly $60,000 after a drop below $50,000 last week. This recovery is supported by a key metric called the...
The Rise of Stablecoins: Exploring Their Growth and Impact
Stablecoins have become increasingly popular in the world of cryptocurrency, offering a more stable option compared to the volatile nature of traditional cryptocurrencies like Bitcoin. These digital assets are pegged to a stable asset,...