The Bank of China Hong Kong is reportedly taking steps towards obtaining a stablecoin issuer license, with aspirations to become one of the early approved issuers. The deadline […]
Tether’s Market Share Falls Below 60% in August 2025
A new report highlights a significant decline in Tether’s market share for stablecoins. According to DeFiLlama, USDT’s dominance has dipped below 60% for the first time since March […]
U.S. Economic Data Drives Crypto Market Fluctuations
Economic data released in the United States has significantly impacted crypto markets, particularly with regards to short-term trading and anticipated interest rate cuts by the Federal Reserve. Trading […]
Stablecoin Market Cap Hits New High of $283 Billion, USDT Dominates
The stablecoin market has reached a record high of $283 billion, according to DefiLlama data. Tether (USDT), holding 59.12% market share, is driving this growth. This surge in […]
Tether Reshapes USDT Support as It Ends Freeze on 5 Blockchains
Stablecoin issuer Tether has abandoned plans to freeze USDT smart contracts on five blockchains after receiving significant pushback from users, but the company is discontinuing support for these […]
Tether Drives Crypto Borrowing to Record $44 Billion High
Tether’s dominance in crypto borrowing has reached new heights, exceeding $44 billion in Q2 2025. This surge in debt reflects the growing demand for stablecoins and transparent financial […]
Tether Streamlines Operations: Shifts Focus to Scalable Networks and Bitcoin
Tether is making significant changes to its operations, focusing on scaling blockchain networks and expanding Bitcoin-based solutions. The company has announced a transition plan for five legacy blockchains […]
Stablecoin Market Projected to Reach $500 Billion by 2026
The stablecoin market is experiencing explosive growth, with its projected value rising from the current $282 billion to a remarkable $500 billion by 2026. This surge in value […]
DeFi Lending Boom: Stablecoins Fueling High Borrowing and Yield Growth
DeFi lending is experiencing a surge, with stablecoins playing a key role in driving this growth. Instead of focusing on trades, many users are treating their crypto holdings […]
Japan Prepares to Launch Large-Scale Yen Stablecoin Market
Japan is preparing for a major shift in its financial market with the imminent approval of yen-pegged stablecoins backed by major institutions. These stablecoins, led by entities like […]
Tether Launches USDT Stablecoin on Bitcoin via RGB Protocol
Tether has launched its USDT stablecoin directly onto the Bitcoin network using the RGB protocol. This marks a significant development as it is the first major stablecoin to […]
China Exploring Stablecoins for Global Energy Payments
China’s energy giant, PetroChina, is embracing digital finance with a move to integrate stablecoins into its international payment system for energy trades. This shift could revolutionize global energy […]
Circle Launches USDC on XDC Network, Expanding DeFi Accessibility
Circle has launched its stablecoin, USD Coin (USDC), directly on the XDC Network using its Cross-Chain Transfer Protocol V2. This innovative development enhances stablecoin transfers and unlocks liquidity […]
PetroChina Embarks on Feasibility Study for Stablecoin Use in Cross-Border Payments
PetroChina, a major Chinese state-owned energy company, is exploring the use of stablecoins for cross-border payments as part of its commitment to digital finance integration. The move comes […]
Binance’s Plasma USDT Lock-up Product Fully Subscribed
Binance has fully subscribed its Plasma USDT lock-up product, reaching a 500 million USDT limit and leaving no room for further subscriptions. This decision has immediate consequences for […]