Tag: Stablecoin market trends
Circle’s USDC Becomes First Regulated Stablecoin in Canada
Circle's USDC Becomes First Regulated Stablecoin in CanadaIn a groundbreaking move, stablecoin issuer Circle has announced that its $40 billion USDC stablecoin has become the first regulated stablecoin in Canada. This development comes amidst...
DeFi Total Value Locked (TVL) Declines by 16% While Stablecoin Market Remains Strong
DeFi Total Value Locked (TVL) Declines by 16% While Stablecoin Market Remains StrongIn a recent turn of events within the cryptocurrency market, the total value locked (TVL) in decentralized finance (DeFi) protocols experienced a...
Kraken Launches MiCA-Compliant Euro & Dollar Stablecoins
Stablecoins are becoming more popular, and a Netherlands-based fintech firm, Quantoz, is looking to make its mark on the European market. The company has announced the launch of regulatory-compliant stablecoins pegged to the euro...
Analyzing VanEck’s Critique of US Treasury’s Approach to Stablecoins
VanEck analyst, Matthew Sigel, criticized the US Treasury Department's stance on stablecoins, calling it outdated and based on old academic views. He argued that the Treasury's reliance on a single study by Gary Gorton...
The Potential Impact of the $172B Stablecoin Market on Crypto Prices
The stablecoin market is making a comeback, with its capitalization nearing its all-time high. Analyst Alice Liu believes this signals a significant amount of cash on the sidelines ready to be invested once momentum...
Tether’s USDT Stablecoin Dominates Market with Over 75% Share
Tether's USDT Stablecoin Continues to Dominate Market with Over 75% ShareIn the fast-evolving world of cryptocurrencies, Tether's stablecoin USDT has emerged as a dominant force, capturing over 75% of the stablecoin market. This marks...
Stablecoin Supply Growth Not Affecting Crypto Market Share: JPMorgan
Stablecoin Supply Growth Not Affecting Crypto Market Share: JPMorganStablecoin supply has been steadily increasing in U.S. dollar terms, reflecting the overall growth in the total digital asset market cap. However, JPMorgan (JPM) emphasized that...
