Australian pension funds can expect a pitch soon for saving money on fees with a stablecoin.
Read moreFed’s dovish move will slash $625M in interest income for stablecoins
CCData estimates stablecoins will lose approximately $625 million in interest income for each 50-basis point cut. Further cuts in 2024 could reduce annual revenue by
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Ethereum Demand Driven By Use In On-Chain Applications, Token Transfers: CoinShares
Ethereum (ETH) demand is largely driven by the token’s use in on-chain applications and token transfers, according to a report by CoinShares. Ethereum’s Use-Cases Have
Read moreVitalik Buterin endorses Celo for beating Tron in stablecoin addresses
Vitalik Buterin noted that Celo’s second L2 testnet, Alfajores, will be upgraded to Ethereum L2 on Sept. 26.
Read moreUSDC issuer Circle launches onchain compliance platform
It’s an important step toward winning the tokenized RWA market as Circle continues to vye with stablecoin leader Tether.
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Blockfi Receives $250M USDC Deposit, Sparking Hopes for Creditor Repayments
Onchain data reveals that Blockfi, a now-bankrupt crypto lending firm, received a hefty $250 million deposit (1, 2) to one of its flagged addresses, as
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