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Tag: stablecoins

Tether swaps more than 2 billion USDT to the Ethereum network

November 6, 2024 wp-bot Cointelegraph

The vast majority of Tether’s USDT volume exists on the Tron network due to comparatively lower fees and faster transaction finality. 

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Global Dollar Network Launches: Crypto Titans Aim to Redefine Payments

November 6, 2024 wp-bot Bitcoin News

A consortium of crypto and fintech giants is launching the Global Dollar Network for seamless cross-border payments. A New Frontier: Crypto Leaders Launch Global Dollar

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Stablecoin supply alone won't pump Bitcoin markets — Ki Young Ju

November 2, 2024 wp-bot Cointelegraph

Stablecoins are now primarily used to store value in countries with rapidly depreciating fiat currencies or prohibitive capital controls. 

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Stablecoin Market Grew by $555 Million in October – Which Tokens Are Leading the Pack?

November 2, 2024 wp-bot Bitcoin News

According to the latest data, the stablecoin economy now holds a value of $172.892 billion, with October adding $555 million to the fiat-pegged token market.

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US store chain Sheetz expands crypto payments via Flexa

November 2, 2024 wp-bot Cointelegraph

Sheetz has expanded its partnership with Flexa to accept BTC, ETH and stablecoin payments at over 750 locations in the US.

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Brazilian Central Bank Considers Taxing Stablecoin Remittances

October 31, 2024 wp-bot Bitcoin News

The stablecoin boom in Brazil has caught the attention of the central bank, which is currently exploring several ways to tax stablecoin remittances, including issuing

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