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Tag: stablecoins

Stablecoin Frenzy: USDE Nears $6B as USD0 Rockets Past $1B in Market Supply

December 22, 2024 wp-bot Bitcoin News

Over the past month, the stablecoin market has swelled over $200 billion, and two fiat-backed tokens have experienced eye-catching expansions. Ethena’s yield-generating stablecoin, USDE, has

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Ethereum layer 2s hold $13.5B stablecoin supply

December 20, 2024 wp-bot Cointelegraph

Ethereum layer-2 networks now lock over $13.5 billion in stablecoins, driving total market capitalization to $205 billion.

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AI and account abstraction to fuel next-gen stablecoins — WeFi founder

December 19, 2024 wp-bot Cointelegraph

The current stablecoin market cap is approximately $204 billion, but the sector remains highly centralized.

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Michael Saylor Raves About the U.S.’s $10 Trillion World Reserve Digital Dollar Opportunity

December 19, 2024 wp-bot Bitcoin News

Michael Saylor, co-founder and executive chairman of Microstrategy, has discussed the opportunity for the U.S. to make the dollar ubiquitous by building a regulatory framework

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Secret Bitcoin Driver: Exchanges Receiving $40 Million USDT Fuel Per Day

December 19, 2024 wp-bot Bitcoin News, News BTC

On-chain data shows a massive amount of the stablecoin USDT has been moving to exchanges recently, potentially acting as fuel for the Bitcoin and wider

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Ethena Labs partners with Trump’s World Liberty Financial

December 18, 2024 wp-bot Cointelegraph

The announcement comes fresh on the heels of World Liberty’s purchase of $500,000 worth of ENA tokens.

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