Stablecoin Supply Expands by $5B Since U.S. Election as Investors …
21 hours ago · Then, following Nov. 5 election, stablecoin balances jumped to a yearly high of $41 billion from around $36 billion in early November, Nansen on-chain data shows, as investors deposited ...
Fed's Waller: Stablecoins could bring benefits to financial system
1 day ago · Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.
Stablecoin Market Starts Expanding as Tether [USDT] Hits All ... - CoinDesk
Dec 5, 2023 · Stablecoin market cap expanded for the first time since May 2022, with Tether's USDT being the main beneficiary, rising to an all-time high supply of nearly $90 billion.
The Digital Chamber Pushes For Stablecoin Legislation - Crypto News
22 hours ago · The Digital Chamber Urges U.S. Lawmakers to Pass Stablecoin Legislation in New Report. The crypto organization's report comes as members of the crypto community anticipate potential crypto policy passage in 2025. With over a decade of crypto coverage, Cryptonews delivers authoritative insights you can rely on.
PayPal launches its own dollar-backed stablecoin - CNBC
Aug 10, 2023 · PayPal is now the first U.S. financial firm to launch its own stablecoin. Here's what to know about the dollar-pegged digital token.
Stablecoin Market to Soar to Almost $3T in Next 5 Years ... - CoinDesk
Aug 9, 2023 · Just this week, payments giant PayPal (PYPL) said it is entering the crypto market with its own dollar-pegged stablecoin, PayPal USD (PYUSD). This is a first for a major financial company.
Stablecoin Tether's reserves hit record $86.5 billion in second …
Jul 31, 2023 · The world's largest stablecoin, Tether, said on Monday its assets rose 5.7% to $86.5 billion in the second quarter of 2023, while it made more than $1 billion "operational profit", a 30% increase...
Latest Stablecoins News | Forbes Digital Assets
Jun 10, 2024 · Stay ahead in the crypto world with cutting-edge Stablecoin news. Come and discover game-changing insights for your cryptocurrency investing strategies.
PayPal's stablecoin is first dollar-backed digital currency from a ...
Aug 7, 2023 · The market cap for USD Coin (USDC), the biggest dollar-backed stablecoin issued by a U.S. company, has dropped about 41% since Jan. 1, according to CryptoQuant. USDC is managed by a consortium...
Singapore among world’s first to agree to stablecoin crypto ... - CNBC
Aug 15, 2023 · Key Points. Singapore’s financial regulator on Tuesday said it had finalized rules for a type of digital currency called stablecoin. Reserves that back stabelcoins must be held in low-risk and...