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Tag Archives: usdc

KuCoin Report: USDT Issuance Dominates Stablecoin Market with $2.79B in February

CoinspeakerKuCoin Report: USDT Issuance Dominates Stablecoin Market with $2.79B in February Beyond stablecoins, the report also touches upon the sentiment within the crypto market, noting that the fear and greed index entered the “extreme greed” territory in late February. KuCoin Report: USDT Issuance Dominates Stablecoin Market with $2.79B in February

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Polish Town Mińsk Mazowiecki Launches MinsCoin Stablecoin for Use at Local Businesses

CoinspeakerPolish Town Mińsk Mazowiecki Launches MinsCoin Stablecoin for Use at Local Businesses The launch of MinsCoin not only provides a new way for residents to interact with local whitelisted businesses and projects but could also shed light on how technology can be used to steer social interactions, economic participation, and solidarity within communities.   Polish Town Mińsk Mazowiecki Launches MinsCoin Stablecoin for Use at...

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USDC Wallet Growth Soars 59% Despite Headwinds: Circle

Increasing interest rates, regulatory actions, financial insolvencies, and instances of fraud have significantly contributed to shrinking the overall digital asset economy in the past year. The world’s second-largest stablecoin – USDC – wasn’t immune to these forces either. The total circulating supply has declined from approximately $45 billion to about $25 billion by the conclusion of November 2023. The rise in interest rates in conventional markets elevates the opportunity...

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Stablecoin Dominance Wanes as Overall Value Rises: Binance Research

The overall market value of cryptocurrencies has increased, leading to a decline in the dominance of stablecoins. Their share of the total crypto market cap has dropped from 17.3% to 7.8%. In a market characterized by a consistent rise in short-term US bond yields, approaching 5%, investors holding stablecoins face higher opportunity costs, prompting a shift of assets off-chain for many, according to the latest report by Binance Research. Centralized Stablecoins Dominate...

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Insights from Davos 2024 World Economic Forum: AI, Growth, Climate

The 54th World Economic Forum in Davos gathers global leaders to discuss challenges ranging from geopolitical tensions to AI impact. Key themes include security, economic growth, AI ethics, and climate strategy. From January 15 to 19, 2024, the small Swiss alpine town of Davos will once again become the epicenter of global discussions with the celebration of the 54th edition of the World Economic Forum (WEF), under the theme “Rebuilding Trust”. With over 1,000 leading companies from...

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