Tag: Stablecoins

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 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 US Treasury Department recently released a report highlighting the potential impact of tokenization and stablecoins on the financial landscape, emphasizing both the benefits and risks associated with these emerging technologies.Tokenization, the process of...

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...

Senate Hearing Highlights Importance of StablecoinsIn a recent Senate Banking Committee hearing, legislators gathered to delve into the critical issues surrounding stablecoins and market structure legislation. Led by Wyoming Republican Cynthia Lummis, a passionate...

VanEck analyst, Matthew Sigel, criticized the US Treasury Department's stance on stablecoins, calling it outdated and based on old academic views.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...

JPMorgan recently released a research report stating that tokenized treasuries are unlikely to fully replace stablecoins in the crypto market. While it is possible that tokenized treasuries could eventually replace a significant portion of...

The future of stablecoins looks promising, according to Circle CEO Jeremy Allaire. He predicts that stablecoins could capture 5%-10% of the global money supply over the next decade. This growth could lead to the...

Siam Commercial Bank, Thailand's oldest and fourth-largest lender, has made a significant move by becoming the first financial institution in the country to introduce stablecoin-based cross-border payment and remittance services. Partnering with fintech firm...

Tether, one of the leading stablecoins in the crypto market, has been driving a surge in liquidity as stablecoins collectively reach a total of $169 billion in market capitalization. This represents a significant 31%...